Budgeted revenue was compiled using known upcoming changes or flat/small increases where expected. Personal Property Taxable value has been diminished to 50% of the 2016 level.
Expenditures were computed using changes and percentages relative to the CPI indexing.
Debt was computed using existing debt schedules.
The City plans a Water project to coincide with an MDOT M28 road project in 2020. While still in the planning and engineering phases, the City expects to issue debt for the Water Fund in connection to this project.