CHARTER TOWNSHIP BUDGET - S.B. 725: FLOOR ANALYSIS

sans-serif">Senate Bill 725 (as reported without amendment)

Sponsor: Senator Wayne Kuipers

Committee: Local, Urban and State Affairs

CONTENT

The bill would amend the Charter Township Act to eliminate a provision that requires a charter township board, at least 60 days before the start of its next fiscal year, to adopt a budget, appropriate money needed for township purposes, and provide for a levy of property taxes. Under the bill, the board still would be required to adopt a budget, etc., before its next fiscal year began.

The bill provides that if a charter township operated on a calendar year budget cycle, a public hearing on its proposed budget would have to be held by December 15, and adopted by December 31, in the year preceding the next calendar year covered by the budget.

MCL 42.27 - Legislative Analyst: George Towne

FISCAL IMPACT

The bill would have no fiscal impact on State or local government.

Date Completed: 9-29-03 - Fiscal Analyst: David ZinFloor\sb725 - Bill Analysis @ www.senate.michigan.gov/sfa

This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.