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Mount Clemens approves $5 million downtown allocation and other FY2024–25 budget amendments
Summary
The Mount Clemens City Commission approved a large FY2024–25 budget amendment that recognizes grant revenues and programs and budgets $5 million for downtown revitalization, uses roughly $3.9 million from the Ice Arena sale to cover a $1.9 million general-fund match, and budgets $2 million for riverfront revitalization.
The Mount Clemens City Commission on a roll-call vote approved a comprehensive amendment to its FY2024–25 budget that recognizes new grant revenues and budgets several multi-year projects, city finance staff said.
Dina Kelly, a manager with Plante Moran who presented the amendment, said the package lays out planned revenue and corresponding expenses for projects likely to span fiscal years and explained the city budgets the entire project cost up front so it can roll remaining funds into the next year at audit. "The majority of these…
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