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Wixom council approves year-end budget amendments, records $277,000 net increase to fund balance

5935688 · June 25, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Council adopted year-end budget amendments to align fiscal-year 2024–25 revenues and expenditures with activity, resulting in a net increase to fund balance of about $277,000.

The Wixom City Council approved year-end budget amendments and requests for commitments of fund balance to comply with the Uniform Budget Act and Governmental Accounting Standards Board Statement No. 54, and to better reflect fiscal year 2024–25 revenues and expenditures. Finance staff…

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