Politics & Government

St. Clair Shores Anticipates Budget Surplus

St. Clair Shores anticipates a $1.2 million surplus for the 2011-2012 budget.

The city of St. Clair Shores had projected a shortfall in excess of $800,000 for the 2011-2012 budget, but is now anticipating a $1.2 million surplus.

Mayor Kip Walby announced Monday that the city will not have to dip into the rainy day fund for more than $800,000 to balance the books for the budget year ended which ended June 30.

"We are not short more than $800,000. We are going to take $1.2 million extra and put it in our rainy day fund," said Walby. "We try to be very conservative in what we do."

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Walby added that "good stewardship" of the budget by city council and administration during the year led to the surplus and a "financially strong community we all can be proud of."

"We have tried to shrink the government and we have done that over the last number of years in a horrible economy," Walby added. 

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An exact amount that will be returned to the rainy day fund will be announced in December when Plante & Moran presents the annual audit to St. Clair Shores City Council.


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