Flint, Michigan – Under the direction of Mayor Sheldon Neeley, the City of Flint announced its sixth consecutive balanced budget in a remarkable display of financial discipline and strategic planning, so stressing the city’s continuous healing and dedication to economic stability.
For Flint, this most recent budget represents a major turning point since throughout the past years, a succession of approved and balanced budgets have been effectively presented to the State of Michigan.
Phillip Moore, Flint’s Chief Financial Officer, expressed satisfaction with the city’s financial trajectory.
“We’re pleased to present a well-rounded budget with growth in city services,” said Moore.
This year’s budget not only continues to emphasize fiscal responsibility but also expands key city services such as improved ambulance coverage, extensive sidewalk and street repairs, and enhanced recreational activities for seniors.
Mayor Neeley’s government has concentrated on financial responsibility, economic recovery, and bolstering of the local workforce since he took office. Flint battled a 13.9% unemployment rate back in 2019.
Based on most recent data from the Department of Technology, Management and Budget, this number has more than halved today to just 6.1%. This notable drop is evidence of the continuous economic growth and the comeback of employment opportunities inside the city.
“The city has faced many financial obstacles including an underfunded pension system which left us struggling to provide services for our citizens,” said Mayor Neeley. “Through prayer planning and partnership, we are able to once again present a balanced budget, proving that Flint is on the path to long-term financial health.”
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Key highlights of the FY 2025 balanced budget:
- Job Growth & Expanded City Workforce: The administration has successfully added more city positions, improving service delivery and expanding employment opportunities for Flint residents.
- Economic Strength & Reduced Unemployment: The city’s unemployment rate has declined from 13.9% to 6.1%, a reflection of increased economic activity and job availability.
- Sustained Fiscal Responsibility: The budget maintains strict spending controls while ensuring essential city services remain fully funded.
- Commitment to Long-Term Stability: Investments in key areas, including infrastructure, pensions, and city services, continue to be prioritized for Flint’s financial future.
Flint’s economic development shows tenacity and strategic leadership as it keeps surpassing obstacles. Mayor Neeley continues to work to promote development, enhancing public services, and safeguarding a secure financial future for next generations as the city advances.
Next steps
The balanced budget will be presented to the City Council for review and approval. Community members are encouraged to stay engaged in the budget process as Flint continues its mission of financial responsibility and economic renewal.
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The proposed budget can be found in its entirety here.