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Search Results for: detroit tax – Page 5

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Improving Financial Picture Shows Promise for the City’s Future

...estimating conference and discuss what the city’s projected financial recovery means for Detroit residents and the future of the city post-pandemic. Detroit’s Revenue Estimating Conference As a

Council Briefs

October 5, 2021
Tags City of Detroit, detriot city revenues, Detroit, Detroit finances, economy of detroit, employment, finance, finances, General Fund, government revenues, inequity, labor, labor force, local employment, neighborhoods, Revenue, revenue conference, unemployment in detroit

Examining Detroit’s Vacancy Rate Drop

...As of 2019, Detroit’s residential vacancy rate was 26 percent, while in Metro Detroit it was 6.5 percent. In 2020, almost one in every five houses in

Council Briefs

March 8, 2022
Tags assessed value, blight, blight remediation, City of Detroit, Detroit, detroit neighborhoods, housing market, housing stock, neighborhoods, overassessed, overtaxed, proposal n, residential property, residential vacancy, taxable value, vacancy, vacancy rate, vacant housing

Detroit’s Debt Compared to Other Cities

...Detroit having the second lowest debt per capita. Cleveland has the highest debt per capita. Following up on our previous blog regarding Detroit’s bonded indebtedness, this blog

Council Briefs

February 9, 2022
Tags atlanta, bond ratings, bonded debt, bonding, bonds, capital agenda, capital improvements, Chicago, City of Detroit, cleveland, comparative analysis, debt, debt per capita, Detroit, detroit debt, Detroit finances, finances, general obligation bonds, government revenues, infrastructure, municipal bonds, municipal finance, Philadelphia, plan of adjustment, proposal n, public finance, revenue bonds, taxation

Detroit’s Economic and Revenue Outlook Remains Optimistic 

...delayed by two years. As Detroit gets ready for its upcoming revenue estimating conference on September 12, the updated 2021-27 Detroit Economic Outlook report paints a picture

Council Briefs

September 7, 2022
Tags blue collar, budget, City of Detroit, detriot city revenues, Detroit, detroit budget process, detroit economic outlook, Detroit finances, downtown, downtown detroit, downtown recovery, economic development, economic forecast, economic outlook, economy, economy of detroit, local economy, Revenue, revenue conference, revenue estimating conference, University of Michigan, white collar

2014 Media Citations

...Hamtramck, Highland Park are inside Detroit WDET in Detroit Free Press, September 23, 2014 Ever wonder why Hamtramck and Highland Park are smack dab in the middle

Citation

November 18, 2014

Detroit’s Finances Would Be Affected by Even a Minor Recession

In a nutshell The City of Detroit’s reliance on income tax makes it especially vulnerable to the aftereffect of job losses in a recession. Short-term losses in

Council Briefs

May 11, 2023
Tags city government, Detroit, economy, income tax, local government, Michigan, municipal finance, pensions, property tax, recession

Detroit Borrowed $100 Million in July, and Has the Capacity to Borrow More

...month marked the tenth anniversary of the City of Detroit’s exit from bankruptcy. The Detroit Free Press, The Detroit News, and other publications ran analyses to offer

Council Briefs

August 10, 2023
Tags bankruptcy, debt, Detroit, municipal bonds

Detroit’s Community Engagement Process Looks Different from Other Cities

...needs. Cities across the country, including Detroit, have adopted their own, unique models of engaging their respective communities.  Detroit’s Top-Down Mayor-Led Allocations The need for inclusive local

Council Briefs

December 14, 2021
Tags american black journal, ARPA, ARPA dollars, baltimore, bridge detroit, bridgedetroit, CARES, City of Detroit, cleveland, community engagement, community health, covid relief funding, Detroit, detroit public television, DPTV, federal government, FRF, macon, Milwaukee, public input, recovery plan performance report, stephen henderson, transperancy, treasury, treasury department

Providing Detroiters Property Tax Relief to Spur Neighborhood Revitalization

...tax relief in Detroit. Detroit’s High Tax Rates Detroit’s population decline can partially be attributed to high city tax rates. It is a cause-and-effect phenomenon that occurs

Council Briefs

July 14, 2022
Tags abolish property tax, City of Detroit, Commercial Facilities Tax, Detroit, detroit neighborhoods, detroiters, economic development, local-option sales tax, middle class, middle class families, Neighborhood Enterprise Zone Facilities Tax, neighborhood enterprise zones, neighborhood revitalization, neighborhoods, owner-occupied residential property, population decline, property tax, property tax policy, renaissance zones, residents, split rate, split rate property tax, targeted property tax relief, tax abatement, tax burden, tax deliquency, tax exemption, tax foreclosure, tax rates, tax relief, taxable value, taxable value per capita, taxation

Webinar Analyzing Proposal P – The Proposed Detroit City Charter

The Citizens Research Council of Michigan and BridgeDetroit bring you a webinar to discuss Proposal P, the proposed Detroit City Charter. If Proposal P is Adopted the

Webinar

July 28, 2021
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