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Mon April 23, 2012
Flint city council to be briefed on next year's budget by emergency manager
The Flint City Council will hear this afternoon how the city’s emergency manager plans to spend the city’s money next year.
Emergency Manager Michael Brown has been poring over Flint’s finances since he was appointed by Governor Snyder in December to deal with the city’s “financial crisis.”
Brown’s budget plan for next year is expected to reflect the need for further financial belt tightening for a city that has already felt the pinch of past cuts.
Flint’s finance director has said the budget will probably show the city will have to do “less with less.” That may include layoffs and furlough days for city employees.
Several city unions agreed to contract concessions this month.
The emergency manager’s budget plan may also include selling bonds to address Flint’s long-term debt problem.