House Committee Considers Budget Stabilization Fund Increase

Yesterday the House Local Government Committee heard testimony on HB 4194, a bill that would allow a local unit of government to increase the percentage in its budget stabilization fund from 15 to 20 percent.

The committee did not vote on the legislation, but I anticipate additional hearings in the coming weeks.

Samantha Harkins is the Director of State Affairs for the Michigan Municipal League.  She can be reached at 517-908-0306 or email at sharkins@mml.org

 

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