Ann Arbor Putting Together Financial Recovery Plan
Ann Arbor’s city council will host a work session tonight to discuss a financial recovery plan as a result of the economic impact caused by COVID-19.
Mayor Christopher Taylor says delays in capital projects, putting pay raises on hold, and reconsidering filling vacant positions are among the options the city is considering. He says they expect revenue shortfalls to impact the city’s $114 million general fund because they’re currently not collecting fees from service,s like parking and park facilities.
"We expect there to be anywhere between a 5%-10% reduction in revenue to the general fund."
The city also expects to see a decrease in state revenue sharing.
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— Jorge Avellan is a reporter for 89.1 WEMU News. Contact him at 734.487.3363 or email him firstname.lastname@example.org