CHARTER TOWNSHIP BUDGET: ELIMINATE 60-DAY DEADLINE
House Bill 4685
Sponsor: Rep. John Stewart
Committee: Local Government and Urban Policy
Complete to 6-5-03
A SUMMARY OF HOUSE BILL 4685 AS INTRODUCED 5-15-03
House Bill 4685 would amend the Charter Township Act to eliminate the requirement that a township board adopt its budget 60 days before a new fiscal year begins. Under the bill, the 60-day deadline would be eliminated, and instead a township board would be required to adopt its budget for the next fiscal year by passing a resolution before the new fiscal year began.
MCL 42.27
_____________________________________________________________________________________________________________________
This analysis was prepared by nonpartisan House staff for use by House members in their deliberations, and does not constitute an official statement of legislative intent.