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Mount Clemens commission approves midyear amendments and adopts FY 2024–25 budget
Summary
Commission approved amendments to the FY 2023–24 and FY 2024–25 budgets—largely driven by marijuana fees, a CDBG grant, HUD grant funding for Karnes building improvements and higher interest revenue—and adopted the FY 2024–25 General Appropriations Act including the tax rate.
The Mount Clemens City Commission on June 3 approved multiple budget amendments covering the 2023–24 fiscal year and amendments for FY 2024–25, then adopted the FY 2024–25 General Appropriations Act.
Staff presented the 2023–24 amendment noting most additional revenue came from newly received marijuana fees, an anticipated CDBG grant and higher investment interest. The general fund amendment showed roughly $449,500 in additional revenue…
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