2008 Woodie Awards
City still unsure on state funding
By: Frank Wisswell
Issue date: 10/15/07 Section: News
- Page 1 of 1
Mount Pleasant Financial Director Nancy Ridley said during a special meeting today that she still hasn't received word on how much money the city would be receiving from the state of Michigan for the 2008 fiscal Year.
"The economy of Michigan is going to continue to play a role, we need to continue to keep our eye on it," Ridley said. The special meeting was designed to answer questions the commissioners had about the 2008 Operating Budget.
Ridley said though the city announced a "break even" budget for 2008, the city had financial problems as late as 2005. Ridley said in 2005 the city noticed a problem of growing expenditures.
Ridley said the city has worked in the last three years to even the budget. Though no cuts were made in 2008, Ridley said the state's budget could negatively affect Mount Pleasant in the future.
"We're not out of the woods just yet," Ridley said. "If the state's not going to solve their budget problem, we're going to be in that position again."
"The economy of Michigan is going to continue to play a role, we need to continue to keep our eye on it," Ridley said. The special meeting was designed to answer questions the commissioners had about the 2008 Operating Budget.
Ridley said though the city announced a "break even" budget for 2008, the city had financial problems as late as 2005. Ridley said in 2005 the city noticed a problem of growing expenditures.
Ridley said the city has worked in the last three years to even the budget. Though no cuts were made in 2008, Ridley said the state's budget could negatively affect Mount Pleasant in the future.
"We're not out of the woods just yet," Ridley said. "If the state's not going to solve their budget problem, we're going to be in that position again."
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