The Petoskey City Council meeting on August 18, 2025, focused on the city's budget, particularly the allocation for economic development. A council member raised a question regarding the $1.4 million budgeted for general administration under economic development, noting that only $255,000 had been spent to date.

The council member sought clarification on the specific activities included in this budget line, as it was organized differently from previous budgets. The response indicated that further details would be provided later, highlighting the need for transparency in how funds are allocated and utilized for economic growth initiatives.

This discussion underscores the council's commitment to monitoring budget expenditures and ensuring that economic development efforts align with the city's financial planning. Further updates on this budget line are anticipated in future meetings, as the council aims to clarify its economic development strategy.