26-1521: Elizabeth Dean Fund Financial Overview: September 8th, 2026

Description

Elizabeth Dean Fund Financial Overview: September 8th, 2026

Summary

The document outlines proposed and approved spending from Elizabeth Dean’s will, whose income must support repairing, maintaining, and replacing trees on City of Ann Arbor property. It covers fiscal years 2025–26 through 2027–28, with annual budgets ranging from $90,000 to $120,000, including a Margolis tree-care contract, watering, maintenance, treatment, and planting costs. Projects affect parks, bus stops, housing commission rights-of-way, libraries, golf courses, and neighborhood sites. Allocations emphasize equity and tree-canopy gaps, including South Maple, Green Baxter Court, Avalon, Wheeler, and Hikone. The document also records approvals, transfers, deferred or canceled projects, and funds remaining for future requests. It matters by showing how a restricted charitable trust is being administered for public trees, with spending decisions subject to City approvals and available balances.