FLINT, Mich. (Michigan News Source) – The city of Flint’s General Fund revenues have increased from $53.2 million in 2018-19 to projected $64.2 million in 2025-26, when the city estimated it will overspend by $4.2 million.

The city released documents on its budget including projections for the 2025-26 fiscal year, which begins July 1, 2025. The documents were part of the March 26 final hearing on the city’s budget.

MORE NEWS: World’s Worst Police Chief? Driving Drunk to Strip Bar, Handing Loaded Gun to Civilian Among Claims.

The General Fund is what cities used to pay most of its operating expenses. Flint’s General Fund is projected to bring in $64.2 million in 2025-26 and have expenditures of $68.5 million. The $4.2 million deficit would be covered by the city’s Fund Balance, which will drop to $29.2 million.

Flint Mayor Sheldon Neeley said some of the proposed 2025-26 budget still includes federal money from the American Rescue Plan Act. He said that most of the budget was personnel costs.

The city brought in $16 million in income tax revenue in 2018-19 and projects that to increase to $21 million in 2025-26. There are 24 cities in Michigan, including Flint, that collect a local income tax. Flint taxes residents at 1% and nonresidents at 0.5%.

According to the U.S. Census Bureau, 40.7% of the people in Flint live at the poverty level or below.