School Review and Fiscal Accountability
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
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.
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The Financial Review Commission (FRC) is responsible for oversight of the City of Detroit, the School District for the City of Detroit (DPS), and the Detroit Public Schools Community District. It ensures both are meeting statutory requirements, reviews and approves their budgets, and establishes programs and requirements for prudent fiscal management, among other roles and responsibilities.
The FRC was initially created on November 12, 2014, to provide oversight of the City beginning on December 10, 2014. It began its oversight of the Community District on June 21, 2016, following the enactment of amendments to Public Act 181 of 2014 and the creation of the new Community District.
The FRC members include five appointed members and six ex officio members, which are the State Treasurer (who serves as chairperson), the State Budget Director (who serves as the designee of the Director of the Michigan Department of Technology, Management and Budget), the Mayor and City Council President of the City of Detroit, and the Superintendent and School Board Chairperson of the Detroit Public Schools Community District.
View FRC Members.
In accordance with Public Act 228 of 2020, the Detroit Financial Review Commission's monthly meetings for the City of Detroit and the Detroit Public Schools Community District will be held remotely using Microsoft Teams. These meetings are being held remotely to mitigate the spread of COVID-19, protect the public health, and provide essential protection to the most vulnerable.
Detailed instructions on how you can join the meeting by link using a desktop, laptop, tablet or mobile phone can be found by viewing the Notice of Change of Venue for FRC Monthly Meetings for the City of Detroit and the Detroit Public Schools Community District (DPSCD). In addition, all resolution and meeting information is posted prior to each meeting.