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Flint mayor’s proposed budget is balanced, but forecasts rough financial waters ahead

MARCH 3, 2021 | by Ron Fonger | MLIVE (MICHIGAN)

By Ron Fonger, includes “Mayor Sheldon Neeley’s proposed $71-million budget for the fiscal year that starts July 1 is balanced, doesn’t forecast layoffs and includes $33 million in pension contributions. But after using a one-time boost from an internal service fund, the budget also forecasts a shrinking fund balance …”

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