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Category Archives: Revenue sharing

October 29, 2018

Decoding October’s PPT Reimbursement Payment

On October 20th, the Local Community Stabilization Authority began distributing approximately $200 million to local units of government as reimbursement for their annual losses related to the new Personal Property Tax system.  The October payments represent the third year of…
October 9, 2018

Legislature Continues Debate Over PPT Reimbursements

As communities prepare for the next round of personal property tax reimbursements later this month, the Legislature is continuing the discussion over how any dollars remaining after all losses are reimbursed at 100% are to be distributed to local governments. …
October 9, 2018

New State Fiscal Year Brings Treasury Grant Opportunities

With the start of the state's 2018-19 fiscal year last week, two grant opportunities within Treasury are again available to local units: The Financial Data Analytic Tool Reimbursement Program is intended to partially reimburse cities, villages, townships, counties, and regional councils…
September 7, 2018

Treasury Announces Local Government Summit

Treasury's Community Engagement & Finance Division published the following announcement earlier today for their upcoming Local Government Summit on October 10th at Livonia's Laurel Manor conference facility.  League staff will be participating on the Legislative Panel scheduled that afternoon. The…
June 12, 2018

Legislature Wraps Up Action on State Budget

Late this afternoon, both chambers completed action on the state's omnibus budget bill for the coming fiscal year.  Senate Bill 848 combined each of the departmental conference reports that had been approved over the course of the past week.  Included…
June 5, 2018

Senate Committee Reports Utility Personal Property Exemption

The League, Treasury, and other local government organizations testified today in opposition to Senate Bill 1031.  As introduced, this bill would exempt all new electric, gas and water transmission and distribution system equipment from being subject to local taxation.  As…
May 29, 2018

State Budget Enters the Home Stretch

Late last week, the Governor and leaders in the House and Senate came to an agreement on spending targets for the upcoming budget year.  Now that these department-level spending targets have been set, conference committees have begun scheduling meetings to finalize…
May 10, 2018

League Testifies on PPT Reimbursement Proposal

As the House and Senate continue to make progress on the 2018-19 state budget, they have also begun work on the related pieces of legislation necessary to implement some of the spending plans proposed by the Governor. One of those proposals deals…
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