Among other responsibilities, the Township Managers Office is responsible for the development and administration of the annual operating budget. Here you can find several resources to learn more about the state of the Township finances including the current year annual operating budget, the Comprehensive Annual Financial Report for the previous fiscal year, and our Standard & Poor’s rating report outlining our AAA bond rating.
Additionally, Cascade Township receives additional State of Michigan revenue sharing payments through the City, Village and Township Revenue Sharing (CVTRS) program. This program was instituted by the State of Michigan beginning in the 2015 State Fiscal Year and replaced the Economic Vitality Incentive Program (EVIP) which the Township was not eligible for. As part of the CVTRS program the Township is required to produce and maintain several transparency related reports including a Performance Dashboard, an easy to read Citizens Guide to Finances, a Debt Service Report detailing the outstanding debt of the Township, and a projected budget report. All of these items are also available for your review below.
Any questions about the Township budget or finances can be directed to Township Manager Ben Swayze at (616) 949-1500 or firstname.lastname@example.org.
Annual Financial Report
2018 CVTRS Report
Standard & Poor's Rating Report
Certificate of Accountability and Transparency
Debt Service Report
Moody's Rating Report
MI Community Financial Dashboard
2018-2023 Capital Improvements Plan CIP Presentation
Retirement System Annual Report - 2017
State of Michigan Pension Funding Status Letter
MERS (Retirement System) - 2017 Annual Actuarial Valuation Report
Municipal Financial Summary
Municipal Performance Dashboard