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Convention Facility Development Fund
Convention Facility Development Fund
Convention Facility Development Fund Distributions (in order of priority)
| Revenues Collected | 1985 PA 106 | Distributions | Payment Timeline |
| October - December |
Section 9(1), MCL 207.629
Section 10(2)(a), MCL 207.630 Section 10(2)(b), MCL 207.630 |
Debt Service - DRCFA
Operations - DRCFA* Counties |
December/January
January January |
| January - March | Section 10(2)(b), MCL 207.630 | Counties | April |
| April - June | Section 10(2)(b), MCL 207.630 | Counties | July |
| July - September |
Section 10(2)(b), MCL 207.630
Section 10(2)(c), MCL 207.630 |
Counties
Street Railway |
October
October |
| Year-End Revenues |
Section 10(2)(c), MCL 207.630
Section 10(2)(e), MCL 207.630 Section 10(2)(e), MCL 207.630 |
Street Railway
Excess to DRCFA - Initial Excess to DRCFA - Final |
November/December
November December/January |
Note:
- December and January distributions will include revenues from both the prior fiscal year and the current fiscal year.
- Payments will be issued separately, and Treasury will email US Bank and DRCFA with the payment details by fiscal year.
*FY 2025 - $5.0M - Last year of payment under this section.
View Annual Reports Tables
View Projected Convention Facility Development Fund Distributions
View Actual Convention Facility Development Fund Distributions
Archive
Contact
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Revenue Sharing and Grants Division