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Macomb County committee approves $32.1 million net amendment to 2025 roads budget, moves projects into 2026
Summary
County staff told commissioners a set of 2025 road and signal projects will be delayed into 2026, increasing realized investment income and producing a $32,145,103 net increase to the 2025 fund balance; commissioners asked how the $6 million in extra investment income will be programmed.
County staff presented and the Records & Public Service Committee recommended a budget amendment that reclassifies and carries forward several road and signal projects from fiscal year 2025 into 2026, producing a net $32,145,103 adjustment to the 2025 roads fund balance.
The presenter said higher-than-expected interest rates raised investment income by $6,000,000 but that a number of road and traffic-signal…
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