18 Metro Detroit communities get perfect fiscal scores
Eighteen metro area communities are standing a little taller after learning they achieved perfect fiscal indicator scores of fiscal stability for 2013.
The scores were released Tuesday morning by the Southeast Michigan Council of Governments.
“This rating is a testament to a local government’s fiscal strength as well as to the diligence and perseverance that elected leaders and other community officials have exhibited over several very challenging years,” SEMCOG Executive Director Kathleen Lomako said in a release.
The fiscally perfect communities include: Bedford Township (Monroe County); Beverly Hills, Birmingham, Bloomfield and Lyon townships (Oakland County); Brighton and Green Oak townships (Livingston County).
More are: Huntington Woods, Orchard Lake, Rochester, Rochester Hills, Royal Oak and Oakland Township (Oakland County); Dexter and Lima Township, (Washtenaw County); Macomb Township (Macomb County); Northville Township (Wayne County); and Washtenaw County.
According to SEMCOG, the communities are judged in 10 categories, including: population, taxable value growth, general fund expenditures, operating results, prior one-year operating results and prior two-year operating results.
More are: size of available fund balance for one year, size of available fund balance for three years, major fund deficit and debt as a percent of taxable value.
Results for 2014 are still being tabulated.