Business and Finance Business and Finance
Fri, February 28, 2025

Mayor Mike Duggan delivers $3B Detroit budget with tax cuts, DDOT boost, homeless outreach


Published on 2025-02-28 23:41:03 - MSN
  Print publication without navigation

  • In his last budget presentation as Detroit Mayor Mike Duggan proposed tax cuts, boosts to community services in $3-billion budget for 2025-26 fiscal year

Mayor Mike Duggan of Detroit presented a $3 billion budget proposal for the upcoming fiscal year, which includes significant tax cuts, increased funding for public transportation, and enhanced homeless outreach programs. The budget proposes a reduction in property taxes by 2 mills, aiming to provide relief to homeowners. Additionally, there is a $15 million increase in funding for the Detroit Department of Transportation (DDOT) to improve bus services. The budget also allocates $14.2 million for homeless services, focusing on expanding outreach and providing more permanent housing solutions. This financial plan reflects Duggan's strategy to foster economic growth, improve public services, and address social issues within the city.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/mayor-mike-duggan-delivers-3b-detroit-budget-with-tax-cuts-ddot-boost-homeless-outreach/ar-AA1A16OH ]
Contributing Sources