Detroit City Council Budget Finance and Audit 09-03-2025

Budget, Finance and Audit Standing Committee (City of Detroit) · September 3, 2025

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Approval of minutes

Presentation

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Chair called for a motion to approve the minutes from the previous meeting; motion made and, hearing no objections, the minutes were approved.

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Budget, Finance and Audit Standing Committee heard public comment urging more support for retirees and community prevention programs, approved several procurement and audit contract referrals, and reviewed the unaudited FY2025 financial report showing a preliminary unassigned fund balance estimate of about $60.2 million and a municipal revenue shortfall tied to corporate income tax uncertainty.

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Transcript

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