information on the Michigan State Revenue Sharing Program.
Information on the State Tax Commission and STC Bulletins.
School Review and Fiscal Accountability
Local Fiscal Health
Energy Transition Impact Project (ETIP)
financing programs to meet the needs of local units of government including: Cities, Villages, Townships, Counties, and various special purpose units.
School Bond Qualification & Loan
State Building Authority
Michigan Finance Authority
the bond process, finance teams, lost bonds and links to other resources.
Reports on the various taxes that the Department of Treasury administers as well as Treasury's annual reports and other revenue and budget reports.
A Revenue Administrative Bulletin (RAB) is a directive issued by the Bureau of Tax Policy. Its purpose is to promote uniform application of tax laws throughout the State by the Bureau of Tax Policy personnel and provide information and guidance to taxpayers.
Internal Policy Directives are prepared to provide guidance to department staff to insure uniformity in tax administration.
The various Divisions of the Department of Treasury are guided by State statutes, Administrative Rules, Court cases, Revenue Administrative Bureau Bulletins, Property Tax Commission Bulletins and Letter Rulings.
Letter Rulings
Treasury Notices to Taxpayers
Technical Advice Letter
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The State of Michigan Investment Board is the investment fiduciary with respect to the investment and management of the assets of the retirement funds that comprise the State of Michigan Retirement System (the "SMRS"), being tasked with prudently managing the investment portfolio of the SMRS in accordance with the standards set forth in Act 314 of 1965. Pursuant to the Order, the SMIB's members are comprised of the State Treasurer as chairperson, the State Budget Director, and three individuals appointed by the Governor who have extensive public pension investment or other such similar experience.
Chairman of the State of Michigan Investment Board
State Treasurer
Rachael Eubanks
State Budget Director
Chris Harkins
Reginald G. Sanders, CFA, CAIA
Appointment expires 11-26-2022
Dina L. Richard, CPA
Appointment expires 11-26-2024
