Blog Archives

MML#4: Deed Restrictions & Dark Stores Impacting Local Budgets

March 30th 2016

MML#4:  Deed Restrictions & Dark Stores Impacting Local Budgets (Crystal A. Proxmire, March 30, 2016) Lansing, MI – Cities and school districts depend on property taxes to provide services that residents rely on.  One might think that having large companies in the community would help because of the large size of the “big box” stores […]

Transparency & Economic Vitality: City Launches Munetrix…

September 19th 2011

The Munitrix system will help meet the State’s requirements for increased transparency. “The intent here is to insure that the municipalities give access to communities and their residents exactly where their finances stand,” McGrath said.

Standard and Poors Gives Ferndale A+ Rating

June 24th 2011

Recent action by Standard and Poors to review the City of Ferndale’s financial position has resulted in their affirming the City’s A+ rating and provided the City with a “stable outlook.” This comes after the recent successful millage vote and at a time when the State has further cut back the statutory revenue sharing and declining property values.

Budget Meeting #3 – April 6, 2011

April 9th 2011

On April 6, 2011 The Ferndale City Council held its third official budget planning session. Council meets every Wednesday starting at 6pm to discuss how to keep spending in line with revenue. One factor is that an election on May 3 will determine if residents are willing to accept a temporary property tax increase to support City services.