Entries by PaulT

Updated Citizens Guide to City Finances Available

The Michigan City, Village, and Township Revenue Sharing Program (CVTRS) sets specific requirements that local governments must meet to qualify to receive state revenue sharing funds. One of the key requirements of CVTRS is that cities make readily available to the public by December 1st “a citizen’s guide and a performance dashboard of their local finances, including a […]

EVIP Consolidation Plan Available

Public Act 63 of 2011, introduced the Economic Vitality Incentive Program (EVIP). The EVIP program sets certain requirements that cities must meet in order to receive revenue sharing monies from the state. An eligible city, village, or township will receive 1/3 of the maximum amount for which they are eligible for each of the three […]

Audited Financial Report for 6/30/13 Fiscal Year Now Available

The City of Muskegon Comprehensive Annual Financial Report (CAFR) for the fiscal year ended June 30, 2013 is now available online. The CAFR summarizes the city’s financial activity for the year and includes the unqualified opinion of the City’s independent auditor – Brickley DeLong. Highlights from the FY13 CAFR include: The assets of the City […]

2013 Citizen’s Guide to City Finances Available

The Michigan Economic Vitality Incentive Program (EVIP) sets specific requirements that local governments must meet to qualify to receive state revenue sharing funds. One of the key requirements of EVIP is that cities make readily available to the public by October 1st “a citizen’s guide and a performance dashboard of their local finances, including a […]

FY2013-14 Proposed Budget Available

The budget for the City of Muskegon’s 2013-14 fiscal year (7/1/13 – 6/30/14) is now available for public inspection. The City’s financial situation remains very difficult, as it does for most Michigan government units. However, the City’s proposed budget maintains critical services at their current levels without increasing taxes. Highlights: There is no increase proposed […]

Audited Financial Report for 6/30/12 Fiscal Year Now Available

The City of Muskegon Comprehensive Annual Financial Report (CAFR) for the fiscal year ended June 30, 2012 is now available online. The CAFR summarizes the city’s financial activity for the year and includes the unqualified opinion of the City’s independent auditor – Brickley DeLong. Highlights from the FY12 CAFR include: The assets of the City […]

2012-13 Budget

The budget for the City of Muskegon’s 2012-13 fiscal year (7/1/12 – 6/30/13) is now available. The City’s financial situation remains very difficult, as it does for most Michigan government units. However, the proposed FY 2012-13 budget maintains critical services at their current levels without increasing taxes. Highlights: The proposed budget provides funding for 233 […]

EVIP Employee Compensation Plan

Under the Economic Vitality Incentive Program (EVIP) adopted by the state last year, the City must meet certain criteria in order to continue receiving non-constitutional state revenue sharing funds. The first criterion was to prepare and make available a citizen’s guide and performance dashboard by October 1, 2011. The second criterion the city had to […]

EVIP Consolidation of Services Plan

Under the Economic Vitality Incentive Program (EVIP) adopted by the state earlier this year, the City must meet certain criteria in order to continue receiving statutory revenue sharing funds. The first criterion was to prepare and make available a citizen’s guide and performance dashboard by October 1, 2011. The second criterion the city must meet […]

Audited Financial Report for 6/30/11 Fiscal Year Now Available

The City of Muskegon Comprehensive Annual Financial Report (CAFR) for the fiscal year ended June 30, 2011 is now available online. The CAFR summarizes the city’s financial activity for the year and includes the unqualified opinion of the City’s independent auditor – Brickley DeLong. Highlights from the FY11 CAFR include: The assets of the City […]