Grand Rapids City Commission Gets New Budget

 Grand Rapids city officials are knocking on wood this  spring as administrators say there were no unexpected surprises as they  prepared a budget proposal for the coming fiscal year.

City Manager Greg Sundstrom and the city's finance staff  presented the proposed fiscal 2018 budget to the commission Tuesday that  totals $527 million in appropriations - the largest city budget to  date.

Mlive reports, the proposed budget includes plans to add a net gain of 11.5  city workers - some of which were positions eliminated when the city  cut 500 employees in 2009. 

The city will also have its highest level of reserves in  recent history - with a projection of 16.3 percent of its general fund  in reserves and 10 percent of its budget stabilization fund in reserves.

That's due to several factors, the largest of which is higher than expected growth in the city's income tax revenue.


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