DETROIT (Michigan News Source) – The city of Detroit is projected to see an increase in revenues over the next five years despite the uncertainty under the Donald Trump administration, a report stated.

A recent report projects that the city will see an increase in all of its general fund major revenues that include income tax, state revenue sharing, wagering tax, utility users tax and property tax.

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The report will be reviewed by the Detroit City Council at its Oct. 7 meeting. It was produced by a team of economists from the University of Michigan, city of Detroit and state of Michigan’s Department of Treasury.

The city’s major taxes are projected to grow from $1.16 billion in 2025 to $1.18 billion in 2026, $1.2 billion in 2027, $1.23 billion in 2028, $1.27 billion in 2029 and $1.3 billion in 2030. All five major sources of revenue are expected to grow.

The report does say there is a great deal of “uncertainty” due to the Trump administration’s policies.

“‘Uncertainty’ is the word of the times,” the report says. “The current largest risk for the City of Detroit’s revenues is the unpredictability of federal policies.”