2008 Unallotment: $125,835
2009 Unallotment: $61,952
2010 Unallotment: $154,880

The City of Mountain Iron reduced its expenditures by 3% to cope with its 2010 aid cuts. Reductions came in areas such as lifeguard services and civic engagement. The city also delayed capital equipment replacement and capital improvement projects. The city is still in negotiations with its unions on a wage freeze. On the revenue side, the city’s levy will increase 5% in 2010. The city has also reduced its reserve fund.