Inside208

February 9, 2023

Governor Whitmer Proposes Fiscal Year 2024 Budget

This week, Governor Gretchen Whitmer released her fifth executive budget recommendation The budget recommendation totals $79 billion, and it includes a general fund total of $14.8 billion and a School Aid Fund total of $19 billion. It provides a significant…
January 30, 2023

2022 Personal Property Tax Reimbursement Correction Process

The Michigan Department of Treasury has asked that we remind municipalities that, although not required, they can correct errors in the 2022 Personal Property Tax (PPT) reimbursements distributed in October 2022 and February 2023. The Local Community Stabilization Authority (LCSA)…
January 24, 2023

Please Review: 2022 Millage Rates

The Department of Treasury has compiled 2022 millage rates and uses them to audit homestead property tax credits, so it’s important the rates match the rates that were actually on the July and December 2022 tax bills. To ensure accuracy,…
January 24, 2023

Calculation of 2023 Inflation Rate Multiplier

As budget season begins for many communities across Michigan, we want to bring your attention to a recent Treasury bulletin from the Michigan State Tax Commission. The bulletin in is regards to the Inflation Rate Multiplier for use in the…
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