CHICAGO -- The Detroit City Council on Monday approved a $2.12 billion budget for the next fiscal year, but a dispute between the council and Mayor Coleman Young over one-tenth of 1% of the budget -- $2 million -- could land the two parties in court for a final resolution.

The disagreement between the mayor and the council might be the least of the problems facing the city's fiscal year 1992 budget, analysits said, because of the uncertainty on the level of state aid to the city and the use of some one-time revenues.

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