Lansing Mayor Virg Bernero is seen in an Aug. 29, 2007 photo in Lansing, Mich. Bernero said Monday, Dec. 21, 2009 he plans to create an exploratory committee as he considers challenging Lt. Gov. John Cherry and others for the Democratic gubernatorial nomination next year. The former state lawmaker will file paperwork this week and plans to decide whether to enter the race early next year. (AP Photo/Lansing State Journal, Rod Sanford)
LANSING - Lansing Mayor Virg Bernero vetoed Thursday changes the city council made to his budget. Much of this budget battle between the Mayor and City Council has focused this week on the Council's efforts to have the Board of Water and Light increase its return on equity to 5.5%. The mayor had asked for BWL to increase the return from 4% to 5%, which BWL agreed to do. "I cannot countenance the City Council treating the Board of Water and Light like a personal piggy bank," Bernero said in the statement. "We must tighten our own belts, just like the residents of our city are required to do when their finances come up short, instead of pushing our problems onto the backs of BWL ratepayers."
City Council has 2 weeks to override the mayor's veto, but that would require 6 of the 7 council members to vote to override.
Watch News 10 tonight for complete details on the budget veto and Council reaction.