Skip Navigation
Treasury LogoMichigan.gov, Official Portal for the State of Michigan
Michigan.gov Home
close print view

Accountability & Transparency

To meet the requirements for Accountability & Transparency under CVTRS/CIP, eligible local units must:
  • Certify to the Michigan Department of Treasury (form #4886) that by December 1, 2014, they have produced and made readily available to the public:
    1. A Citizen's Guide of its most recent local finances, including recognition of its unfunded liabilities
    2. A Performance Dashboard
    3. A Debt Service Report containing a detailed listing of its debt service requirements, including, at a minimum, the issuance date, issuance amount, type of debt instrument, a listing of all revenues pledged to finance debt service by debt instrument, and a listing of the annual payment amounts until maturity
    4. A Projected Budget Report of revenues and expenditures including, at a minimum, the current fiscal year and a projection for the immediately following year and an explanation of the assumptions used for the projections
  • Submit a copy of their Citizen's Guide, Performance Dashboard, Debt Service Report and Projected Budget Report to the Michigan Department of Treasury.






Debt Service Report

Debt Service Report Template Excel icon

Projected Budget Report

Projected Budget Report Template Excel icon

Contact

Office of Revenue and Tax AnalysisPhone: 517-373-2697
Fax: 517-335-3298
Email: TreasRevenueSharing@michigan.gov

http://www.michigan.gov/revenuesharing

Treasury Quick Links
 •  Search for Forms
 •  EFT Vendor Payments
 •  Garnishments
 •  Press Releases
 •  Revenue Administrative Bulletins
 •  Revenue, Economic & Budget Data
 •  Collections
 •  Offer-In-Compromise
 •  IRS Web Site
QR code

Michigan.gov Home
PoliciesMichigan NewsMichigan.gov Survey

Copyright © 2014 State of Michigan