TREASURY - Local Government Fiscal Health

Michigan.gov, Official Portal for the State of Michigan

Michigan.gov Home	Treasury Home \| Sitemap \| Contact Treasury \| FAQ \| Forms \| Online Services


>	Forms / Instructions

>	Accounting Information

>	Local Unit Audit Reports

>	Municipal Finance

>	Revenue Sharing

>	State Assessors Board

>	State Tax Commission

>	Tax Collection and Tax Reversion

>	Local Government Fiscal Health

>	Contact Information

Printer Friendly Text Only Version

Text Version

Share this link:

Local Government Fiscal Health

This page is intended to be a one-stop shop for information pertaining to a local unit of government's fiscal health. It is designed to be a resource where both local unit government officials and citizens can find important information on local unit audits, fiscal scoring, financial emergencies, how to request help, and more.

Summary of Statutes Involving Local Units of Government

An explanation of the various statutes that pertain to local units and their fiscal activities.

How a Financial Emergency Works

An explanation of how Public Act 72 of 1990, the Local Government Fiscal Responsibility Act, works and the difference between it and a financial receivership.

Local Unit Audit Reports

Local unit audit reports listed by year and by county.

What to Look for In Audit Reports

Fundamentals of Understanding Governmental Audit Reports Citizen's Guide to Understanding Financial statements.

Treasury Rapid Response Team (TRRT)

TTRT was created to provide a quick and efficient methodology for Treasury to access fiscally distressed local units of government and to give them fiscal repair options before a need for an emergency financial manager.

Past Emergency Financial Managers and Current Locations

In the 18 years since Public Act 72 of 1990 has been law there have been five times when the Governor has had to appoint an Emergency Financial Manager for a local unit of government

Local Unit Fiscal Forecasting Tool

This financial estimating tool has been developed in cooperation with John Kaczor to aide municipalities in forecasting potential financial outcomes in future years.

As Members of the Public Your Input is Sought

Input from the public is being requested to help guide a state-wide commission that has been established to address the long-term fiscal stability of Michigan's local units of government.


	Related Content
•	Emergency Financial Manager Reports
•	Local Unit Fiscal Forecasting Estimator
•	Treasury Rapid Response Team
•	How a Financial Emergency Works
•	Public Input Sought
•	Have You Tried This?
•	What to Look for In Audit Reports
•	Past Emergency Financial Managers and Current Locations
•	Summary of Statutes Involving Local Units of Government