The Ypsilanti City Council tonight will hold a public hearing and first vote on when to dip into its Budget Stabilization Fund.
The fund was first established in 2024. It currently has about $3.4 million set aside for financial emergencies. The target is to eventually have three months of revenues in the fund. That works out to about $5.7 million.
Ordinance co-sponsor Patrick McLean says it’s something all government entities should have…