City of Flint gets millions in federal COVID aid but still in red ink

(The Center Square) – Despite an injection of millions of federal stimulus money, the city of Flint had a deficit in 2021-22 and is projecting more red ink for its general fund through 2024-25.

The city of Flint had a $3.8 million general fund deficit in 2021-22 and estimates it will finish 2022-23 with a $14.4 million deficit, according to budget documents.

The city projects general fund deficits of $3 million and $8.2 million in 2023-24 and 2024-25, respectively.

The city of Flint was given $94.7 million from the American Rescue Plan Act. That money must be spent by Dec. 31, 2026. The city reported receiving a combined $5.6 million from the CARES Act in 2021 and 2022.

Total revenues for the city increased from $94.4 million in 2017-18 to $106.3 million in 2021-22. The city of Flint didn’t respond to an email seeking comment.

spot_img
spot_img

Hot this week

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Sports betting bill still alive in Georgia House

(The Center Square) – A bill that would allow...

Men of Color Expo – Celebrating Men of Excellence

Tinker Federal Credit Union & PPBC Present Men of Color...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Illinois proposal aims to improve detection of potentially staged deaths

(The Center Square) – State Sen. Craig Wilcox, R-Woodstock,...

Creative Healing: Why Doctors Are Writing Prescriptions For The Arts

Science is suggesting that engaging in creative endeavors is...

The Weight Of Winning: A Boxer’s Fight With Binge Eating Disorder

For years, boxer Danny O’Connor didn’t realize his extreme...

Bachelor’s at Illinois community colleges may widen access, affordability

(The Center Square) – Community colleges in Illinois could...

Analysis: Homelessness predicted to rise despite policy efforts

Homelessness is predicted to rise, while policies predicted to...

SAVE database assisting cleanup of voter rolls

(The Center Square) – Identification and removal of registered...

More like this
Related

Illinois proposal aims to improve detection of potentially staged deaths

(The Center Square) – State Sen. Craig Wilcox, R-Woodstock,...

Creative Healing: Why Doctors Are Writing Prescriptions For The Arts

Science is suggesting that engaging in creative endeavors is...

Medical Notes: The Best Bread To Eat For IBD, Revolutionizing Pain Relief, And How To Tell If You’re Having A Panic Attack

Treating pain with fewer side effects… Research published in Nature...

The Weight Of Winning: A Boxer’s Fight With Binge Eating Disorder

For years, boxer Danny O’Connor didn’t realize his extreme...