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Gratiot County administration previews 2025–26 budget, recommends $1M MERS payment and fund restructuring
Summary
County administration presented a status‑quo 2025–26 general fund budget with proposed structural changes, recommended a $1 million contribution to reduce a MERS unfunded liability, proposed a 25% assigned fund balance policy and outlined capital priorities including central dispatch and jail study.
County administration presented a streamlined draft of the 2025–26 budget and a five‑year capital improvement plan, recommending a series of structural accounting changes and one‑time actions intended to reduce long‑term liabilities and smooth revenue volatility.
Mary Anne (administration/finance staff) told the Board the general fund budget is largely status quo but contains accounting reorganizations intended to make departmental budgeting clearer. "This is just a short PowerPoint to start our discussion on the budget tonight," she said, describing eliminated and merged funds, a newly created finance department and changes to how retiree fringe costs are recorded.
Key recommendations and figures presented:
- Use $1,000,000 of assigned fund balance to make an additional contribution to the county's MERS defined‑benefit pension plan to reduce the unfunded liability; despite that contribution the…
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