DETROIT – Mayor Mike Duggan has presented his last proposed fiscal year budget and four-year financial plan to the Detroit City Council.
It was presented Friday, Feb. 28.
The budget is $1.576 billion for general fund activities.
Duggan said that due to the city’s growth, Detroit would be reducing its debt millage, resulting in lower property taxes for homeowners.
Between 2022 and 2024, property taxes in Detroit decreased by one mill each year. This year, Duggan is proposing a three mill reduction.
The proposed budget includes additional funding for preventing homelessness, something Duggan mentioned during a press conference the day prior.
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Other areas seeing increased funding include DDOT and community violence prevention programs. Duggan proposed a nearly $20 million investment in DDOT to get more buses and drivers.
The City Council will hold budget hearings for departments starting on March 11. They will be open to the public and the city will adopt a budget in April.
The new fiscal year starts in July.
