Resources

Municipal Fiscal Distress – Financial Condition Analysis, Early Warning Systems, Municipal Bankruptcy

  • Chapter 9: Municipal Bankruptcy

    Published on June 2, 2020

    Introduction to Chapter 9 municipal bankruptcy, including eligibility, requirements, creditor negotiation tests, the plan of adjustment, Chapter 9 vs. Chapter 11 and the advantages and disadvantages of filing for Chapter 9.

  • Developing an Early Warning System for Michigan's Schools

    Published on January 21, 2015

    • This paper examines district deficit and predictors of distress in the proposed early warning system, finding a weak correlation. It suggests alternative fiscal measurements with stronger correlation.

  • Chapter 9 Bankruptcy: Simulation Exercise

    Published on January 30, 2013

    While not a cure for fiscal stress, Chapter 9 is a tool that a municipality may use to reset its financial course when all other methods fail. This paper identifies several lessons learned through a simulation exercise using live case data.

  • The Suspension of the Emergency Manager Law and its Implications

    Published on September 10, 2012

    This FAQ document will outline many of the questions, identify some sources of guidance during this period of confusion, and will serve as a platform for better understanding the challenges in addressing local government financial crises.

  • City of Detroit: FY 2013 Budget

    Published on June 11, 2012

    This FAQ explores issues related to the City of Detroit's Fiscal Year 2013 budget, including those issues that directly affect residents and taxpayers.

  • City of Detroit: City Employment Terms

    Published on June 11, 2012

    This FAQ outlines the events leading to the CET, discusses the implications, and lays out further questions to consider as the city continues to address its financial crisis.

  • The Lansing-East Lansing Metro Region Fiscal Scorecard

    Published on May 9, 2012

    This report analyzes the efficiency of the local governments in the Lansing-East Lansing metro region by comparing them to the governments in other similar metropolitan statistical areas (MSAs) throughout the United States.

  • City of Detroit Financial Stability Agreement

    Published on April 9, 2012

    This FAQ outlines the Detroit Consent Agreement including what a consent agreement is, Public Act 4, the Financial Advisory Board, the revenue conference, and compares Detroit’s with New York City and Philadelphia.

Revenue – State Revenue Sharing, Proposal A & Headlee, Michigan State Budget

  • Michigan's Post-Recession Spending

    Published on September 1, 2018

    Over the past eight years, the state’s economy has seen significant improvements. Even with these increases, there remain significant concerns regarding funding for key public policy priorities in the state.

Service Solvency - Legacy Costs, Infrastructure, Public Safety

The world we are in

  • Chapter 9: Municipal Bankruptcy

    Published on June 2, 2020

    Introduction to Chapter 9 municipal bankruptcy, including eligibility, requirements, creditor negotiation tests, the plan of adjustment, Chapter 9 vs. Chapter 11 and the advantages and disadvantages of filing for Chapter 9.

  • Emergency Changes to the Open Meetings Act (Video)

    Published on April 13, 2020

    A webinar describing changes to Open Meeting Act meeting procedures as a result of the novel Coronavirus and Executive Order 2020-15 and 2020-21. This information is valid through 4-13-20 or until these EOs are otherwise modified, expire, or are replaced.