State aid boosts Flint city government pension plan, but it's still only 60% funded
Flint's city pension fund is getting a $170 million infusion from the state budget.
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Flint's city pension fund is getting a $170 million infusion from the state budget.
Flint's city pension fund is getting a $170 million infusion from the state budget.
The turmoil surrounding the city of Flint—most notably stemming from its lead-tainted water crisis—has become a cautionary tale for other Rust Belt cities struggling to balance their budgets, provide services and attract new business. A 20-year revie
Flint Vehicle City Arches in Downtown Flint During Back to the Bricks 2013. Image credit: Michigan Municipal League via Flickr The turmoil surrounding the city of Flint—most notably stemming from its lead-tainted water crisis—has become a cautionary tale for other Rust Belt cities struggling to b
Mayor Sheldon Neeley's administration says the once-in-a-generation opportunity could have a profound effect on the city. He is prepared to explain the final rules and process to spending the money.