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Council member sketches $4.2M structural deficit, links parks millage to operations funding
Summary
Councilmember Altman outlined a $4.2 million structural general-fund shortfall and said a parks and recreation millage on the November ballot would generate roughly $2.9 million toward operations and maintenance, narrowing the deficit but not eliminating it.
Councilmember K. Altman used Tuesday's meeting to outline the city's budget context and the parks-and-recreation millage on the November ballot, estimating a $4.2 million structural deficit facing the general fund.
Why it matters: The city hosts a large public university (Michigan State) whose property is tax-exempt; the council said that structural revenue limitations, the loss of a Board of Water and Light franchise fee and rising…
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