Hearing on new county budget for 2022 Dec. 7
A final presentation and public hearing on Monroe County’s proposed new general fund budget of $50.4 million for 2022 will take place at the board of commissioners’ next meeting Dec. 7.
The nine-member body will meet at 5 p.m. in the board chambers of the first floor of the Courthouse at 125 E. Second St. The hearing will be at 6. After the hearing, the board is expected to adopt the spending plan for the new fiscal year that begins Jan. 1.
The recommended budget projects expenses at $50,407,550 and revenues at $50,237,148. A shortfall of $170,402 is projected at the end of the year, but that is more than $1 million less than what was anticipated in June, County Administrator Michael Bosanac told the board last month.
“Budgets are always a work in progress until a recommended budget is set,” Bosanac said at the board’s last meeting Nov. 16.
The reduced shortfall will be covered with money available from the fund balance, he said. The 2022 budget is 7.1 percent higher than the 2021 spending plan, which exceeds the average of 1.73 percent change that budgets have grown since 2013, he said.
Copies of the budget are available at the courthouse or online at www.co.monroe.mi.us and click on the link for finance department.
A spending plan and revenue projections also have been made for 2023, with a deficit of $946,138 expected, a preliminary plan showed on Nov. 16. But the county has time to lower that shortfall, it was noted.
The board's operations subcommittee will meet at 4 p.m. Dec. 7.
This article originally appeared on The Monroe News: Hearing on new county budget for 2022 Dec. 7
