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Fiscal Management

MSU Extension works to provide training to local elected leaders in Michigan’s 1,858 townships, villages, cities and counties; 608 school districts, 456 special purpose authorities, 14 multi-county regions, and 12 federally recognized tribal nations.

Apr 5

Fiscally Ready Communities: Financial Best Practices

April 5, 2022 1:30PM – 3:00PM

Is your local government fiscally prepared for the future? This webinar presented by MSU Extension and the Michigan Department of Treasury will cover the fundamentals of tracking long-term fiscal health and operational best practices.
Feb 24

Fiscally Ready Communities: Budgeting for Fiscal Sustainability

February 24, 2022

This webinar will provide best practices for local government fiscal health, including budgeting, long-term planning, dealing with uncertainty, and financial policies and procedures.
Jun 14

Fiscally Ready Communities: Capital Asset Management and Planning

June 14, 2022 10:30AM – 12:00PM

Is your local government fiscally healthy? This webinar presented by MSU Extension and the Michigan Department of Treasury will cover the fundamentals of capital asset management and planning.
Jul 13

Fiscally Ready Communities: Managing Internal Controls

July 13, 2022 1:30PM – 3:00PM

MSU Extension and the Michigan Department of Treasury will offer a deep dive into the local government internal controls framework.
Eric Walcott

State Specialist
walcott3@msu.edu
517-353-9106
Eric Walcott

State Specialist
walcott3@msu.edu
517-353-9106
Eric Scorsone

Director of MSU Extension Center for Local Government Finance and Policy
scorsone@msu.edu
517-353-9460
Eric Scorsone

Director of MSU Extension Center for Local Government Finance and Policy
scorsone@msu.edu
517-353-9460
Mark Skidmore

Professor and Morris Chair in State and Local Government Finance and Policy
mskidmor@msu.edu
517-353-9172
Mark Skidmore

Professor and Morris Chair in State and Local Government Finance and Policy
mskidmor@msu.edu
517-353-9172
Michigan Budget Policy for the Incoming 2019 Gubernatorial Administration

Published on April 1, 2018
This paper is intended to provide a general overview of key budgetary issues that incoming elected officials can expect to and should be prepared to tackle in the coming years.
Budgeting Your Benefits Interactive Worksheet Template

Published on December 3, 2020
The Budgeting Your Benefits Interactive Worksheet Template allows you to input your monthly food budget and subtract expenses as you purchase food throughout the month.
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.
F65 Fiscal Data Portal

Published on April 9, 2013
F65 Fiscal Data Portal
Frequently Asked Questions About the New Michigan Local Financial Emergency Law [Public Act 436 of 2012]

Published on January 30, 2013
When Michigan voters struck down Public Act 4 (commonly known as the "Emergency Manager Law"), the Michigan legislature passed a new law concerning cities and school districts in fiscal crises.
Chapter 9 Bankruptcy: Simulation Exercise

Published on December 12, 2016
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.
Pennsylvania Offers A Curious Case To Explore Alternatives To Early Warning Systems And State Intervention: Can Michigan Keep Its Horses From Wandering Off?

Published on May 5, 2020
The purpose of this report is to apply the Early Warning System (EWS) used by Pennsylvania with Michigan local government financial and socioeconomic data, as a way to assess potential fiscal distress that cities, townships, and counties may experience.
City of Detroit: FY 2013 Budget

Published on June 12, 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.
Proposal A and Headlee Rollback Talking Points

Proposal A and the Headlee Rollback provisions explained. These talking points highlight issues of concern with each provision and offers solutions for consideration.
County Revenue Options

Published on December 1, 2016
Michigan counties have very limited revenue options other than the property tax. Additional revenue options provided to counties include general sales tax, motor fuel tax, alcohol, and tobacco tax.