Revenue Sharing and Capital Improvements (CVTRS/CIP)
The City of Three Rivers actively participates in Michigan’s City, Village and Township Revenue Sharing* Program. This program requires that the City fulfill requirements set by the state in the areas of accountability and transparency in order to receive State Revenue Sharing. For complete details regarding the State of Michigan revenue sharing program, please visit www.michigan.gov/treasury.
CVTRS/CIP – Proposal Requirements to Qualify for Payments
- A completed Certification Form (form # 4886) signed by the Chief Administrative Officer.
_ - Debt Service Report ‒ including a listing of issuance dates, issuance amounts, type of debt instrument, a listing of all revenues pledged to finance debt, and a listing of annual payment amounts until maturity.
_ - Projected Budget Report ‒ projection of revenues and expenditures for current fiscal year and next fiscal year, including assumptions.
2024 CHANGE: the Citizen’s Guide and Performance Dashboard will no longer be required.
The Three Rivers Projected Budget & Debt Service Information (i.e., as part of City, Village and Township Revenue Sharing)* provides information on the City’s financial obligations and fiscal health.
Our goal is to enhance the City’s transparency and public accountability. We welcome any questions, comments, or suggestions regarding the information included in the reports. Information from previous reports is available on the city’s website.
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* CVTRS (formerly EVIP)
