Emergency-related state tax relief available for taxpayers located in four southwest Michigan Counties impacted by May 2024 storms.
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Local Community Stabilization Share (LCSS) Revenue Available
Local Community Stabilization Share (LCSS) Revenue Available
The Local Community Stabilization Share (LCSS) revenue is derived from the State Use Tax.
The Local Community Stabilization Authority Act establishes the amount of revenue that shall be distributed by the Local Community Stabilization Authority.
| Tax Year | Revenue to be Distributed |
|---|---|
| 2016 | $374,300,000 |
| 2017 | $404,700,000 |
| 2018 | $430,800,000 |
| 2019 | $460,400,000 |
| 2020 | $484,900,000 |
| 2021 | $513,700,000 |
| 2022 | $543,900,000 |
| 2023 | $558,600,000 |
| 2024 | $568,600,000 |
| 2025 | $571,100,000 |
| 2026 | $572,000,000 |
| 2027 | $572,500,000 |
2028 and forward - Increase the Revenue to be Distributed amount by the personal property growth factor (i.e. 1%)