The city is seeing better-than-expected corporate profits and payroll withholdings -- but that's thanks to federal COVID-19 aid to businesses. 

If passed, the plan would give city employees 12 weeks of paid leave after a birth or an adoption event.

City leaders say the extra money is useful but not a cure-all to economic woes caused by COVID-19.

The city's settlement with the family of Taylor is the largest police misconduct payment the city has ever paid in a lawsuit. 

However, the city expects up to a $40 million shortfall in its next budget, which could be further slashed by rising pension costs.

In April, Mayor Fischer had warned council of another tough budget.

The loan won't be used to buy new things but could be used to cover current expenses while the city waits for delayed tax revenue.

The expected surplus could help the city dodge cuts in next year's budget.

The city is facing a budget crunch fueled by the state's pension crisis, and Mayor Greg Fischer has put six of the city's ten courses on the chopping block.