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City manager warns Mount Clemens faces up to $400,000 revenue shortfall after personal property tax repeal
Summary
City manager told commissioners the state’s repeal of the personal property tax could cost Mount Clemens roughly $400,000–$430,000 annually, with limited state replacement options; staff also reported on IT planning and fire-department staffing changes.
At the Feb. 1 meeting the city manager told commissioners that the state repeal of the personal property tax poses a “major concern” for Mount Clemens’ upcoming 2017 budget and could reduce revenue by as much as approximately $430,000.
The manager said an initial state plan discussed with the local representative envisioned an 80 percent makeup, which would have yielded about $344,000 in recovery. But staff…
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