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City treasurer: state revenue-sharing to fall modestly; Act 51 road funding to rise over two years
Summary
Hudsonville’s finance manager told commissioners the state budget will slightly reduce constitutional and statutory revenue sharing but increase Act 51 road funding from roughly $1.0 million to about $1.4 million next year and to nearly $1.6 million by FY27; the city plans budget amendments in January.
Hudsonville’s finance manager reported to the City Commission on Nov. 11 that recent changes in the state budget will alter the city’s revenue-sharing and road funding outlook. The finance manager said constitutional and statutory revenue sharing was budgeted at roughly $8.73 million but is now projected to decline to an approximately $8.22 million–$7.63 million range as one-time COVID and public-safety percentage supplements are eliminated.
By contrast, Act 51 road funding is expected to rise substantially over the next two fiscal years. The finance manager said the city currently receives just over $1.0 million a year in Act 51 funds; next year that figure is expected to increase to about $1.4 million (an increase of roughly $350,000), and fiscal year 2027 projections show a further increase to about $1.6 million (a total increase of around $535,000 compared with the baseline).
The finance manager told commissioners the administration will return in January with recommended budget amendments reflecting these changes. Commissioners discussed timing for debt payments and other adjustments; no specific budget amendments were adopted at the Nov. 11 meeting.
