City, Village and Township Revenue Sharing

The legislature has established the City, Village and Township Revenue Sharing (CVTRS) program (a simplified version of the Economic Vitality Incentive Program). Each eligible local unit must meet all of the requirements of Accountability and Transparency in order to receive the full CVTRS payment. A Consolidation of Services Plan and an Unfunded Accrued Liability Plan are not required under the CVTRS program. Effective in 2016, the City has elected to use the State of Michigan Treasury's online Citizen's Guide to comply with the legislative requirements. Please visit the State of Michigan Treasury page to review this.

Filed December 2022

• Performance Dashboard (PDF)
• FY23-27 Financial Forecast (PDF)
• Outstanding Debt Service as of June 30, 2022
• Citizen's Guide

Filed December 2021

• Performance Dashboard (PDF)
• FY22-26 Financial Forecast (PDF)
• Outstanding Debt Service as of June 30, 2021
• Citizen's Guide

Filed December 2020

• Performance Dashboard (PDF)
• FY21-25 Financial Forecast (PDF)
• Outstanding Debt Service as of June 30, 2020
• Citizen's Guide

Filed December 2019

• Performance Dashboard (PDF)
• FY20-24 Financial Forecast (PDF)
• Outstanding Debt Service as of June 30, 2019
• Citizen's Guide

Filed December 2018

• Performance Dashboard (PDF)
• FY19-23 Financial Forecast (PDF)
• Outstanding Debt Service as of June 30, 2018
• Citizen's Guide

Filed December 2017

• Performance Dashboard (PDF)
• FY18-22 Financial Forecast (PDF)
• Outstanding Debt Service as of June 30, 2017
• Citizen's Guide
  

Filed December 2016

• Performance Dashboard (PDF)
• FY17-21 Financial Forecast (PDF)
• Outstanding Debt Service as of June 30, 2016
• Citizen's Guide

Filed December 2015

• Performance Dashboard (PDF)
• FY16-20 Financial Forecast (PDF)
• Outstanding Debt Service as of June 30, 2015
• Citizens Guide to Local Unit Finances 2015

Filed December 2014

• Performance Dashboard (PDF)
• FY15-19 Financial Forecast (PDF)
• Outstanding Debt Service as of June 30, 2014
• Citizens Guide to Local Unit Finances 2014

Economic Vitality Incentive Program (EVIP)

For years Michigan communities received funding from the State of Michigan through a program called Revenue Sharing, however, Governor Snyder eliminated statutory revenue sharing in 2011 and created a new program called the Economic Vitality Incentive Program (EVIP). It requires that communities produce a citizen's guide of its most recent finances, documentation of collaborations and consolidation and certification that new employee compensation criteria has been implemented to receive community funding. There were three criteria for qualifying for EVIP payments. View EVIP.