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Mount Clemens approves large budget amendments to fund downtown, riverfront projects
Summary
The Mount Clemens City Commission approved major budget amendments recognizing grant and sale revenues, including a $5 million downtown revitalization grant and about $3.9 million from the Ice Arena sale to offset the city's general fund contribution; staff said riverfront work and other projects are included.
The Mount Clemens City Commission on [date] approved a sizable amendment to the city’s 2024–25 fiscal year budget to recognize newly awarded grant revenues and to budget for multi-year projects, city finance staff said.
Finance staff member (speaker 10) told commissioners the amendments primarily “recognize grant revenues that have been awarded,” and that the city is budgeting full project costs up front because many projects will cross fiscal years. “We received about $3,900,000 for that sale,” the staff member said, referring to proceeds from a prior Ice Arena sale that the presentation said would be used to offset the general fund’s contribution to the downtown revitalization project.
The amendment as presented includes a $5,000,000 downtown revitalization grant budgeted in full and a $2,000,000 allocation for riverfront revitalization. Staff said HUD funding and ice-arena bond proceeds are part of the package and that the net impact on general fund balance is managed by applying the sale proceeds. The finance presentation noted that some revenue lines are reimbursement-based grants that will be recognized as expenses and corresponding revenues are realized.
The package also recognizes Macomb County permit revenue that was not previously budgeted, funds for inspections and code enforcement, and a capital equipment purchase (a front-end loader) that staff said was included in the amendment. On opioid settlement receipts, staff described a receivable process: the state calculates municipal shares as pharmaceutical settlements occur, and the city records the receivable and then recognizes revenue as cash arrives; staff said the settlement funds must be spent under specific stipulations.
Commission discussion focused on timing and accounting: a commissioner asked whether the full $5,000,000 grant and corresponding expense had been included in the current year’s budget and whether those amounts would roll forward if the work carried into the next fiscal year. Finance staff responded that the city budgets the full award and will present roll-forward amendments during the audit process when necessary.
The commission voted to adopt the amendment following discussion and a roll-call vote.
Votes at a glance: the budget amendment was moved, seconded, and approved by roll call; affirmative responses were recorded.
