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Treasurer reports strong investment revenue; council approves budget amendments and accepts MIDC grant amid questions about prior COVID grant accounting
Summary
Treasurer Lisa Hicks Clayton reported roughly $1.5 million in investment revenue year-to-date and projected roughly $2 million by year end. Council accepted a Michigan Indigent Defense Commission grant and approved multiple budget amendments, while staff acknowledged problems tracking some prior COVID public assistance grant expenditures.
Treasurer Lisa Hicks Clayton told the council Oct. 28 that the city has earned about $1.5 million in investment interest from Jan. 1 to Sept. 30 and is on pace to exceed $2 million by Dec. 31, after recent automation of reporting and accounts-payable processes.
The council accepted a Michigan Indigent Defense Commission (MIDC) grant for fiscal year 2026 totaling $369,405.90 with a city match of $9,879.39. Supporters said the MIDC program helps provide representation for people who cannot afford counsel and may save jail costs by resolving cases more quickly.
Council also approved several budget amendments and fund transfers — including reclassifying prior-year appropriations for traffic/mobilization…
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