Oversight and governance of financial affairs is among the most important of the responsibilities of municipal elected officials. Inadequate oversight can lead to abuses such as embezzlement, misuse of and/or misappropriation of funds and general loss of esteem for the municipality and its officials. Excessive control or oversight can render your city or village ineffective and incapable of delivering important services. This section provides information on the very complex and pervasive subject of municipal finance. However, it is essential that you turn to the local resources at your disposal. Your manager, finance officer, assessor, treasurer, accountant, municipal attorney and independent auditor will provide information unique to your community.
saveMIcity – After years of working within the existing paradigms, the League is undertaking a major legislative and policy push aimed at reforming municipal finance in Michigan to encourage renewed investment in our communities.
Municipal Finance Reform: League Campaign Aims to Reset State Policies, The Review, March/April 2017
Economic Vitality Incentive Program (EVIP)
The Department of Treasury provides information on its EVIP site about the processes local unites need to follow to obtain their share of EVIP/revenue sharing funding. If you have questions, please contact the Office of Revenue and Tax Analysis at the Department of Treasury, 517-373-2697.
Bi-Monthly Estimated Revenue Sharing Payments for Local Governments
Fiscal Database allows for downloading of population, taxable value, state equalized value, tax rates, tax revenues, fees and charges, other revenues, debt, all major expenditure categories, and much more for counties, cities, villages, and townships. Data available for years ending between 7/1/2010 and 6/30/2011.