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City Commission Approves 2017-18 Budget
Thursday Aug 10, 2017 10:04am
Sturgis, MI

By: Mike Stiles

Mike Hughes presents information on the 2017-18 budget to the City Commission (photo courtesy of Mike Stiles/WBET News)

(STURGIS) – Sturgis has their budget for 2017-2018.

On Wednesday, the City Commission unanimously approved the budget during their regular meeting. City Manager Mike Hughes says with the new budget, there will be increases in both revenues and expenditures in the General Fund.

Revenues for the General Fund are projected to be just over $8 million, assuming a 1.8% increase in State revenue sharing. General Fund expenditures are budgeted at just over $8.5 million.

The City is projecting a decrease in fund balance reserves, resulting in an expected fund balance level of just over 27 percent. That's above the goal set by the City of having their fund balance at 25 percent.

Hughes says things have been going well in Sturgis for the last
couple of years, and the local economy has seen growth. Unemployment is down, which Hughes says is good, but also difficult for local businesses to find employees.

On the other side, Hughes says the City is still dealing with such matters as employee benefits and the elimination of the personal property tax and how to find new sources of revenue.
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