Category Archives: Revenue sharing

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March 1, 2021

Federal Stimulus Passes House-Senate Action Next

The U.S, House voted on H.R. 1319 over the weekend, sending the proposed $1.9 trillion American Rescue Plan Act stimulus proposal to the U.S. Senate, where consideration is expected to begin this week. Both chambers face a looming March 14th…

February 11, 2021

Governor’s Budget Recommendation Includes Key Items For Cities

Governor Whitmer released her budget recommendation for the upcoming Fiscal Year 21-22 budget cycle this morning and a number of items that the League has actively been advocating for were included in this morning's announcement. A full detail of the…

January 11, 2021

That’s A Wrap – 100th Legislative Session Finalized

With the expiration of 14-days on the Governor's desk this past week, the last bills presented from December's lame duck legislative action brought the 100th Legislative Session to an official close. All told, nearly 300 new bills were introduced between…

October 12, 2020

Treasury Hosting Webinar Tuesday on CARES Funding

Related to the federal funding that local units of government received in place of their normal statutory revenue sharing payment from August 2020, Treasury released the following webinar details for local units to receive updates and training on required reporting.…

September 30, 2020

Governor Signs State Budget – Hazard Premium Payroll Deadline Extended

Earlier today, Governor Whitmer signed House Bill 5396, the omnibus budget for the state fiscal year that starts tomorrow, October 1st. The Senate Fiscal Agency summary of the budget agreement can be reviewed here. The House Fiscal Agency analysis can…

September 18, 2020

Treasury Releases Update on CARES Programs/Hazard Premium Payroll Deadline

View the full list of FRHPPP award status by community by clicking on this image. Late yesterday the Michigan Department of Treasury released the following update on the three CARES Act federally funded programs aimed at supporting local units of…

September 14, 2020

September 23rd Deadline For Certification Related to August Revenue Sharing Swap

Late Friday afternoon, the Michigan Department of Treasury released their guidance and reporting packet related to the $150 million of federal CARES Act funding that was appropriated to local governments in place of the $97 million that was cut from…

August 27, 2020

Treasury Releases Updates on CARES Funded Programs Impacting Local Units

The Michigan Department of Treasury released the following updates this afternoon on federal CARES Act programs aimed at supporting local units of government. These programs include the $150 million in replacement funding for the suspended August 2020 statutory (CVTRS) revenue…

August 3, 2020

Governor Signs Budget Supplemental-CARES $ Application Deadline Extended One Week

Late Friday afternoon, Governor Whitmer signed the current year state budget supplemental that replaces the August CVTRS payment for all cities, villages, and townships with additional federal CARES dollars and makes some changes to the previous CARES funded programs for…

July 22, 2020

Current Year Budget Deal Replaces August CVTRS With CARES Money

Following the Governor's late June announcement of a budget deal to address the current year state budget shortfall due to the pandemic, the House and Senate Appropriations committees met jointly this morning to act on those negotiated reductions. For League…

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Category Archives: Revenue sharing 10629

Category Archives: Revenue sharing

10629