Home » Local News, Rotating Features

Council gets first look at proposed budget for 2010-11

Submitted by on May 4, 2010 – 4:54 amNo Comment

The City of Alpena has released the first draft of its $9.7 million fiscal year budget for 2010-11.

City Manager Thad Taylor said declining tax revenue, uncertainty over state revenue sharing and rising healthcare and insurance costs are just a few of the items that made it difficult to present a balanced budget.

Expenses are up 11-percent over the current fiscal year budget and revenues are down a little more than 2-percent.  The proposed budget uses approximately $587,000 from the City’s fund balance or savings account to make ends meet.  That lowers the general fund balance to $1.6 million or 16.5 percent of expenses.

Councilman Mike Nunneley has already hinted he would like to make some changes to the budget, which would need to be approved by the full council. 

A public hearing is being held on May 17, at which time citizens can express their opinions on the budget. 

The proposed budget can be viewed on the City’s website at http://www.alpena.mi.us/.