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Finance director outlines city budget, fund‑balance drawdown; coalition asks for $1 million for permanent supportive housing
Summary
Finance Director Heidi Sheppey presented the proposed 2025–26 city budget, highlighting new internal funds, recommended staffing changes and an intentional drawdown of the general fund balance toward 29 percent, while a homelessness coalition urged a $1 million dedicated budget line for permanent supportive housing.
Traverse City’s finance director presented the proposed 2025–26 budget framework, describing organizational changes, recommended new and converting positions, and a planned reduction of the general fund balance. During public comment, the Northwest Michigan Coalition to End Homelessness asked the commission to establish a $1,000,000 budget line item to accelerate permanent supportive housing initiatives.
Budget highlights: Finance Director Heidi Sheppey told commissioners the draft budget uses ClearGov tools to increase transparency, separates information technology into a new internal service fund, and creates a distinct Fire/EMS fund to track the voter‑approved millage and avoid commingling with the general fund. Sheppey said the budget includes 18 position…
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