WebMar 2, 2024 · FLINT, Michigan–The City of Flint on Monday (March 2, 2024) proposed a FY 2024 budget that invests in retiree pensions, maintains departmental funding, and ends a longstanding practice of transferring dollars from the Water Fund. WebMay 19, 2024 · Flint employs one person for every five retirees’ pension and liability costs it pays. It has $566 million in legacy cost obligations and $180 million in its pension assets before the...
Flint receives $220M for pension fund - WNEM
WebThe City St. John Street Neighborhood Memorial Park is also supported by $250,000 from the City of Flint General Fund and $500,000 in City of Flint ARPA funds. Feb. 2024 water main break updates UPDATE: 10:15 a.m. February 13, 2024 Flint’s boil filtered water advisory is lifted The boil filtered water advisory is now lifted for the city of WebMar 31, 2024 · Flint’s pension fund obligations, which were $21 million in 2024, are projected to be $32 million in 2024 and $40 million by 2024. Widigan said the city only has one active employee for every six retirees. “This is an attempt to get the city caught up on underfunded pensions,” Widigan said. crush runs
Economic Development Grants Program Details
WebJun 30, 2024 · Flint's municipal employee pension fund was 30.6% funded as of Dec. 31, 2024, with an unfunded liability totaling $391.4 million, according to the most recent … WebMar 14, 2024 · Flint, MI—Flint Mayor Sheldon Neeley shared his proposed 2024 budget, which he said prioritizes public safety and city services, meets pension fund requirements, and leaves property taxes, utility costs, and fees surrounding waste collection and street lighting unchanged for Flint residents in the coming year. bulb energy email address customer service