Under a budget bill reported recently, an additional $65.6 million in state restricted sales tax revenue would be added for statutory revenue sharing for Fiscal Year 2027. Of this amount, $45.8 million would be allocated to townships, cities and villages through the existing formula payments (based on inverse taxable value, unit type population, and millage yield equalization). This would be an increase over current year and the governor’s proposed budget, which did not make any funding change. The subcommittee recommendation next moves to the full House Appropriations Committee before being considered by the House.
Michigan Townships Association
