Fiscal Health Score

Michigan Department of Treasury
Fiscal Indicator Scores

From the MI Department of Treasurery Website: The fiscal indicator scores are intended to provide state officials, local officials, and the general public with objective, measurable, and straightforward information concerning the degree of, or absence of, fiscal health in units of local government.

 

Fiscal Scoring Process

Key factors from nine categories are analyzed and assigned points.  They include, but are not limited to:

1. Population growth

2. Real taxable value growth

3. Large real taxable value decrease

4. General fund expenditures as a percent of taxable valuation

5. General fund operating deficits

6. Prior general fund operating deficits

7. Size of general fund balance

8. Fund deficits in current or previous years

9. General long-term debt as a percent of taxable value

 

Fiscal Health Score Significance

Category — Points from Scale — State Action

Fiscally Neutral…………0-4………………..No State Action Needed

Fiscal Watch……………..5-7………………..Unit of local government is notified of its relatively high score and is placed on a watch list for the current and following year.

Fiscal Stress……………..8-10……………..Unit of local government is notified of its relatively high score and is placed on a watch list for the current and following year.

2006 Fiscal Health Score
2007 Fiscal Health Score
2008 Fiscal Health Score
2009 Fiscal Health Score

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