Sturgis Commission approves budget

2017-08-10

STURGIS – Sturgis City Commission unanimously approved the budget during their Tuesday meeting.

City Manager Mike Hughes says there will be increases in both revenues and expenditures in the general fund.

Revenues for the general fund are projected to be just over $8 million, assuming a 1.8% increase in State revenue sharing. General fund expenditures are budgeted at just over $8.5 million.

The city is projecting a decrease in fund balance reserves, resulting in an expected fund balance level of just over 27 percent. That's above the goal set by the city of 25 percent.

Hughes says things are going well and the local economy is growing. Unemployment is down, but businesses are struggling to find enough workers.

Hughes says the city is still dealing with employee benefits, the elimination of the personal property tax and finding new sources of revenue.

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