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February 26, 2021
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KENT BUDGET
(2007-07-03)
(wgvu) - THE STATE OF MICHIGAN AND MORE THAN A FEW CITY GOVERNMENTS AREN'T ALONE IN HAVING TO DO A BUDGET BALANCING ACT. KENT COUNTY'S BOARD OF COMMISSIONERS HAS BEEN LOOKING CLOSELY AT THE SUBJECT OF REVENUE VERSUS EXPENSES FOR THE UPCOMING FINANCIAL YEAR, AND HAS SOME DECISIONS TO MAKE. KENT COUNTY IS ON A JANUARY TO DECEMBER FISCAL YEAR. COUNTY ADMINISTRATOR DARYL DEABBIO FIGURES PLANNED SPENDING WILL TOP ESTIMATED REVENUE BY ABOUT $4.7 (M) MILLION DOLLARS. OF THAT, TENTATIVE PLANS CALL FOR TAKING $2 MILLION FROM THE FUND BALANCE---SORT OF A RAINY DAY EMERGENCY ACCOUNT. TO MAKE ENDS MEET, THE REST WILL COME FROM CUTTING EXPENSES, RATHER THAN GOING AFTER A PROPERTY TAX INCREASE. ALTHOUGH RESIDENTS DO FACE A CORRECTIONS MILLAGE INCREASE REQUEST NEXT YEAR, DELABBIO SAYS THERE'LL BE NO REQUESTS FOR A GENERAL FUND OPERATING MILLAGE INCREASE.
DeLABBIO IS HOPING TO SEE THE RESUMPTION OF SOME STATE REVENUE SHARING NEXT YEAR, AND TO GET AWAY FROM DIPPING INTO THE COUNTY'S RAINY DAY FUND TO BALANCE THE BUDGET.

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