Dashboard

City, Village, and Township Revenue Sharing (CVTRS)

State Legislature has continued the City, Village, and Township Revenue Sharing (CVTRS) program. Each eligible local unit must meet all of the program requirements to receive the full CVTRS payments. The following reports are provided in satisfaction of those requirements. The City of Wyoming does not have a retirement pension benefit system in underfunded status according to Section 5 of 2017 Public Act 202.

(CVTRS - Category One - Accountability and Transparency)


Citizen's Guide to Local Unit Finances (excluding enterprise funds)

By Clicking the down arrow you can change the category of unit finances displayed  

Revenues

1. Where our money comes from (all governmental funds)
Breakdown of where the City's  money comes from

 

2. Compared to the prior year
  2021 2022
% Change
Taxes
$29,769,159
$31,138,123
4.60%
Licenses & permits
3,117,495
3,058,239
-1.90%
Intergovernmental
23,818,015
22,345,729
-6.18%
Charges for services
502,450
637,822
26.94%
Fines & forfeitures
1,256,568
1,208,551
-3.82%
Interest & rent
639,171
547,699
-14.31%
Other revenues
3,227,119
6,389,004
97.98%
Total
$62,329,977
$65,325,167
4.81%
       

 

3. Revenue sources per capita - compared to the prior year
Graph of Revenue sources per capita - compared to the prior year

 

4. Historical trends of individual sources
Graph of Historical trends of individual sources

For more information on our unit's finances, contact Jodi Yenchar at (616) 530-7201.

 

(CVTRS - Category One - Accountability and Transparency - Continued)

2022 Performance Dashboard (pdf)

2022 Projected Budgets for FY23 & FY24 (pdf)

2022 Debt Service Reports (pdf)

2022 Program Certification Form 4886 (pdf)