Finance Committee Approves Special Revenue & Enterprise Funds;

MOUNT CLEMENS, Mich. — The Macomb County Board of Commissioners Finance  Committee this week exercised oversight on county funds by approving a nearly $360 million budget for Special Revenue and Enterprise funds, and by passing an ordinance outlining the authority given to County Executive Mark Hackel to make budgetary line items transfers.

The ordinance gives the Executive authority to transfer funds in an amount of up to $30,000 or 2 percent of a fund, whichever amount is less. Transfers of any amount over this require prior approval from the Board of Commissioners.

”Because the Board is charged with oversight of the county budget, this is a necessary step in the process of accountability and transparency,” said Chair of the Finance Committee, Commissioner Don Brown. “We worked in conjunction with the Office of the County Executive to come up with an amount we agreed upon, which would also allow the Board to ensure taxpayer funds are spent wisely.”

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