Huntington Woods Seeks Residents for Long Range Budget Planning Committee

Huntington Woods Seeks Residents for Long Range Budget Planning Committee
Huntington Woods, MI – With the preparation of the 2018-19 budget underway, the City Commission felt it was an opportune time to establish an ad hoc committee to study the City’s long term financial health.  The impact of the great recession in 2008 has left the City very close to or at the maximum millage cap for our multiple governmental funds.  With the projected limited increases in tax collection and other revenue sources, current trends indicate the City’s current financial model is not sustainable.  In order to maintain a balanced and viable budget, the City’s future revenues need to increase or expenditures must be reduced.
At their January 8^th City Commission meeting, the  Commission established an ad hoc Long Term Budget and Planning Committee with the following charge:
-Develop an understanding of municipal budgeting and finances;
-Identify impediments to long-term positive financial health;
-Provide recommendations on long-term capital improvement plans to reconstruct  the remaining roads and make necessary sewer repairs; and
-Recommend revenue and expenditure modifications to achieve long-term positive financial health.
The Committee will be comprised of 15 – 20 residents and in keeping with past practice, the City Commission will interview interested residents before making appointments.  More information on the Committee is available by calling Amy Sullivan at 248.581.2632 or emailing  asullivan@hwmi.org.
Interested residents can find an application on the City’s website at www.hwmi.org and should return it no later than Friday, February 2^nd.  Applications can be dropped off or mailed to City Hall or emailed to asullivan@hwmi.org.  Applications can also be left in the drop box in the City Hall parking lot.

Save this post to PDFPrint this post