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Ways and Means committee approves budget adjustments, including $9M for airport stormwater work

2471079 · February 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

The Wayne County Ways and Means Committee voted to receive the treasurer’s first-quarter investment report and to approve a package of budget adjustments, including a $9 million county contribution to a stormwater and force-main project at the Wayne County Airport.

The Wayne County Ways and Means Committee voted to receive and file the treasurer’s first-quarter investment report and to approve a set of budget adjustments covering law enforcement, the general fund, capital projects and staffing needs, including a $9 million county contribution to a Wayne County Airport stormwater project.

Committee members moved and supported a single motion to receive item 1 and approve items 2 through 10; the chair recorded his yes vote and the motion carried. Commissioners asked for additional detail on several items before final board action; staff acknowledged outstanding questions for one budget adjustment and agreed to provide the follow-up information.

Investment report: John Kravitz (Treasurer’s Office) told the committee that, for the first quarter (Oct. 1–Dec. 31, 2024), the county had approximately $1,740,000,000 in the general fund and $41,300,000 in the reserve fund, for a total of about $1,784,000,000 under management. The office reported $19,761,000 in interest earnings for…

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