RumorThe Village Council created the deficit.
Reality
A deficit isn't caused by a single purchase or project. Deficits happen when long-term revenue is less than long-term expenses. In Holly's case, the deficit developed over several years because of reporting delays from the auditing agency, along with incorrect financial reports provided by staff in 2023 and 2024. At the same time, the Headlee rollback steadily reduced our millage authority from 20 mills to 11 mills, cutting our ability to raise revenue nearly in half.
The council used our savings to purchase life-saving vehicles for first responders and to secure an office for staff to work from. Those investments did not cause the deficit — it came from declining revenue, which savings could not have prevented.