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Coldwater holds public hearing on 2025–26 budget as Headlee rollback trims revenue
Summary
The council held a public hearing on the fiscal 2025–26 budget; staff reported an estimated $197,000 projected deficit influenced by a Headlee rollback that reduced the city’s millage rate and by adjustments to capital projects and bond-related levies.
The Coldwater City Council held a public hearing Monday on the fiscal year 2025–26 budget, during which staff described a projected general-fund deficit of about $197,000 and explained factors behind the shortfall.
Tom (city staff) told the council the proposed budget would show a deficit of about $197,000 in the context of an approximately $13 million total budget. He said the Headlee rollback reduced the city’s millage rate from 11.56…
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