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Riverview holds public hearing on proposed 2025-26 budget; finance director outlines revenue mix and liabilities

5773197 · May 20, 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

Finance Director Anne Endorzinet presented the proposed 2025-26 annual operating budget and tax-rate plan at a May 19 public hearing, detailing revenue sources, millage changes, fund balances and long-term pension and OPEB liabilities; the hearing was closed with no public comment.

The Riverview City Council held a public hearing May 19 on the proposed 2025-26 annual operating budget and supporting tax rates. Finance Director Anne Endorzinet presented highlights of the roughly 180-page document and fielded no council questions; the hearing was closed at 7:29 p.m. with a unanimous roll-call vote.

The presentation laid out the budget’s major revenue sources and fiscal pressures. "A majority is from tax — our tax collections," Finance Director Anne Endorzinet said, and she told the council the general fund budget includes just over $14,000,000 in revenue with property taxes comprising about 57 percent of that total. Endorzinet said charges to other funds amount to roughly $1,400,000 and that state…

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