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Ishpeming finance director outlines positive 2026 outlook, council adopts third-quarter budget amendments
Summary
Financial Director Gray presented a 2026 budget preview showing modest general-fund padding and major grant receipts for water projects; council approved third-quarter 2025 budget amendments covering general fund, streets, water/sewer, and public improvements.
The Ishpeming City Council on October 8 received an overview of the proposed 2026 budget and voted to adopt third-quarter 2025 budget amendments after a presentation from Financial Director Gray.
Gray told the council the city is projecting a modest year-end surplus in the general fund (about $25,000 projected at the time of the report) and highlighted major fund balances across water, sewer and DDA accounts. He cautioned that the apparent surplus in some enterprise funds is affected by…
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