In addition to the creation of a Citizen's Guide to Local Finances and a Performance Dashboard, the Economic Vitality Incentive Program (EVIP) [per Public Act 59 of 2013] requires local governments to create and submit to the Michigan Department of Treasury a projected budget report including, at a minimum, the current fiscal year and a projection for the immediately following fiscal year which shall includes revenues, expenditures, and an explanation of assumptions used in the report to receive revenue sharing funds.
The narrative of this budget report can be accessed by clicking here
and the appendix to this report can be accessed by clicking here
In addition, EVIP [per Public Act 59 of 2013] requires local governments to create and submit to the Michigan Department a debt service report containing a detailed listing of its debt service requirements, including, at a minimum, the issuance date, issuance amount, type of debt instrument, a listing of all revenues pledged to finance debt service by debt instrument, and a listing of the annual payment amounts for each debt instrument.
The debt service report can be accessed by clicking here