budget

Millage rate holds at 14.35; water, sewer rates increase

Published by Tecumseh Herald on Thu, 05/09/2019 - 10:46am

There was both good news and bad news for city residents following Monday’s Tecumseh City Council meeting when officials approved the 2019-20 fiscal year budget.

Proposed city budget shows shortfall in revenues

Published by Tecumseh Herald on Thu, 03/14/2019 - 9:21am

The City of Tecumseh may face a deficit next year according to the proposed 2019-20 budget City Manager Dan Swallow presented to city council during a workshop Monday night.

Budget forecast may force TPS to tap fund equity ‘significantly’

Published by Tecumseh Herald on Thu, 02/28/2019 - 12:18pm

A $1.5 million dip into the fund equity was projected during a budget revision presented to the Tecumseh Public Schools Board of Education Monday night by Co-Superintendent Ryan Rhoades revealed changes necessary and detailed how the previous budget left out crucial items. 

Tecumseh Schools lose 39 students, an equivalent of $306,579 in state funding

Published by Tecumseh Herald on Thu, 05/31/2018 - 11:07am

The Tecumseh Board of Education learned how the long winter and loss of 39 students may affect this year’s budget and was presented the preliminary financial plan for fiscal year 2018-19 during the study session Monday, May 14 before the regular board meeting.

City budget proposal is presented

Published by Tecumseh Herald on Thu, 03/15/2018 - 10:51am

Increased expenses for health insurance, contractual agreements and employee raises are the immediate challenges to the City of Tecumseh’s proposed 2018-19 budget that shows expenses overtaking revenues by $150,229.

TPS remains financially solvent despite increased expenses, local tax losses

Published by Tec. Herald Admin on Thu, 12/14/2017 - 12:10pm

The Tecumseh Board of Education may have to dig deeper into its fund equity than previously expected, according to the first revision of the 2017-18 projected budget.

Tecumseh School Board approves 2017-18 budget of $28.3 million

Published by Tecumseh Herald on Thu, 06/29/2017 - 10:56am

A bump of $70,000 in state sources of revenue gave Tecumseh Public Schools extra cushion in its bottom line for 2016-17. The Tecumseh Board of Education on Monday voted to approve the final revision of the 2016-17 general fund budget along with the 2017-18 preliminary budget.

Council adopts budget, okays smoking ban

Published by Tecumseh Herald on Thu, 05/04/2017 - 9:59am

Tecumseh City Council adopted the 2017-18 fiscal year budget at Monday’s meeting in a unanimous vote that leaves the millage rate unchanged at 14.39 mills and provides $5,395,243 in revenues, an increase from last year’s budget of $154,371.

City proposes $5.39 million operating budget for 2017-18

Published by Tecumseh Herald on Thu, 04/20/2017 - 10:10am

Tecumseh City Manager Dan Swallow presented a proposed 2017-2018 budget to city council on Monday night for review, with highlights including total general fund revenues of $5,395,243, slightly less than projected for fiscal year 2016-2017; a small increase in current taxes as a result of a state

Unexpected revenues lead council to adjust current year budget

Published by Tecumseh Herald on Thu, 01/05/2017 - 10:03am

Tecumseh City Council passed a resolution on Tuesday to amend the city’s 2016-17 budget for the general fund from $5,240,872 to $5,394,355 following unexpected revenues during the last six months. The city is currently halfway through the fiscal year, which runs July 1 through June 30.

Tecumseh Herald

 

110 E. Logan St.
P.O. Box 218
Tecumseh, MI 49286
517-423-2174
800-832-6443

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