ROYAL OAK The downtown parking situation has been affected ever since the beginning of COVID-19, resulting in an automobile parking fund deficit and negative working capital as of June 30, 2023, which required the City Commission to take action on a deficit elimination plan for the Michigan
After a notification from the state that Royal Oak has to address a $660,000 deficit in its Automobile Parking System Fund for this fiscal year, city commissioners this week approved a plan to put the fund back in the black.