2012 Michigan Compiled Laws
Chapter 141 — MUNICIPAL FINANCING
Act 43 of 1963 (2nd Ex. Sess.) — BUDGET HEARINGS OF LOCAL GOVERNMENTS (141.411 - 141.415)
Section 141.413 — Local unit of government; final adoption of budget; hearing; exception.
BUDGET HEARINGS OF LOCAL GOVERNMENTS (EXCERPT)
Act 43 of 1963 (2nd Ex. Sess.)
141.413 Local unit of government; final adoption of budget; hearing; exception.
Sec. 3.
Each local unit shall hold such public hearing prior to final adoption of its budget. Except for a local unit that has a fiscal year that begins before the convening of the county tax allocation board, a local unit that submits its budget to a county tax allocation board shall hold such hearing after its tax rate allocation has been fixed by such board.
History: 1963, 2nd Ex. Sess., Act 43, Imd. Eff. Dec. 27, 1963 ;-- Am. 2006, Act 154, Eff. Mar. 30, 2007
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