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Category Archives: Revenue sharing

April 17, 2018

Revenue Sharing Cuts Outlined in Initial House/Senate Budget Plans

As the Legislature returned from their Spring Recess last week, initial subcommittee action on all but two Senate-originated budgets was completed.  Each of the budget subcommittee reports are now awaiting action before their respective full Appropriations committees - http://www.house.mi.gov/hfa/PDF/Bill%20Status.pdf. The Senate…
March 28, 2018

Spring Break Prompts Action on State Budget, Other Bills

Last week was a busy week in Lansing as the Legislature began reporting budget bills from their respective Appropriations subcommittees and held hearings on a host of different pieces of legislation in preparation for their spring recess. Following last Thursday's action,…
February 7, 2018

Governor Presents Final Budget Recommendation

Governor Snyder presented the FY2019 state budget to a joint hearing of the House and Senate Appropriations committees Wednesday morning.  Matching his tone following January's consensus revenue estimating conference and his comments about spending restraint during the recent State of…
December 6, 2017

State House Considering Revenue Sharing Package

The League's Chris Hackbarth testifies about the proposed revenue sharing bills Tuesday, Dec. 5, 2017 in the House committee along with officials from the Michigan Association of Counties and Michigan Townships Association. Following the introduction last week of the 16-bill…
November 6, 2017

Financial Dashboard Grant Details Released by Treasury

Local units of government that purchase financial forecasting and transparency reporting tools through one of the State of Michigan’s approved vendors, Munetrix or Forecast5, can now apply for a partial reimbursement. All cities, villages, townships and counties that enter into…
August 30, 2017

Treasury Announces Grants for Financially Distressed Communities

Treasury released the following information this morning regarding grant dollars available through Treasury's financially distressed city, village and township program: Cities, villages and townships experiencing financial struggles can now apply for a grant to help fund special projects and free…
July 20, 2017

State Budget Signed By Governor

The Governor affixed his signature at the end of last week to the omnibus state budget bill.  This bill (HB 4323) includes a 2.5% ($6.2 million) increase to statutory revenue sharing. This spreadsheet from the House Fiscal Agency outlines the expected revenue sharing…
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