News & Events

LOCAL LEADERS TO DISCUSS FUTURE OF REVENUE SHARING

Suburbs Alliance Brings Together City and Community Leaders

FOR IMMEDIATE RELEASE
NOVEMBER 3, 2006

CONTACT: CONAN SMITH
734-891-2241

For years, state shared revenue has enabled cities to provide essential public services and offer residents attractive, vibrant communities.  These funds support core services such police and fire protection, road and sewer rehabilitation, and garbage collection.  In recent years, revenue sharing has been cut significantly.  These reductions, paired with the increasing costs of providing core services and other revenue limitations, have resulted in drastic service reductions, facility closures, and overall fiscal instability in numerous cities across the state.  In June, the current revenue sharing formula will expire, giving state and local leaders an opportunity to redefine the State’s revenue sharing policy and establish a system that fairly recognizes both state and local concerns. 

On Thursday, November 9, mayors, city managers and other local leaders will participate in a creative, high-level discussion of what will be one of the most important issues facing cities in 2007 – revenue sharing.  The Michigan Suburbs Alliance’s debut Mayors & Managers Policy Breakfast will feature new research on the effects of Michigan’s tax incentives on economic development and urban growth patterns from Greg LeRoy of Good Jobs First and insight from Dan Gilmartin of the Michigan Municipal League on current trends surrounding revenue sharing in the Legislature.

What:                Mayors and Managers Policy Breakfast

When:               Thursday, November 9, 2006. 7:45-10:00 am

Where:              Wayne Community Center. 4635 Howe Rd. Wayne, MI

Why:                 To discuss a new revenue sharing formula

Who:                 Municipal, county and state officials, business and community leaders

Visit www.SuburbsAlliance.org for event and registration information.

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