Proposed city budget calls for Detroit pensions funding

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DETROIT — Mayor Mike Duggan has presented a proposed $2.4 billion budget for 2020-21 to the Detroit City Council. The Detroit News reports that Duggan wants to move $30 million from last year’s general fund surplus into a rainy-day fund to help meet increased pension contributions in the coming years. Another $20 million in surplus funds would go into a retiree protection fund. Duggan told reporters Friday that the city is going to stay on top of funding to the pension systems so city workers “never again have to have their pensions threatened.” The budget also calls for $50 million to fight blight and pay for the demolition of vacant homes.