FLINT, MI -- A revised budget proposal from Mayor Sheldon Neeley calls for digging deeper into Flint’s rainy day funds to balance the overdue spending plan.
Neeley’s updated general fund budget would lower the city’s dwindling cash reserves -- from $29.2 million initially projected in March to $20 million in the revised budget delivered to the City Council on Wednesday, June 5.
Council members unanimously agreed Wednesday to continue discussions with the mayor to adopt a budget no later than June 30, the end of the current fiscal year.
Although the city charter calls for the budget to have been adopted no later than June 2 -- the first Monday in June -- several council members have said they won’t adopt it without additional spending cuts.
“They are not going to get the budget appr