The 2015-2017 state budget retained the same level of funding for the city, village and town shared revenue program as the last state budget. A municipality's 2017 payments should closely match its 2015 and 2016 payment. Estimated 2017 Shared Revenue and Expenditure Restraint Payments will be posted on DOR’s website (PDF) this fall.
Utility Aid Component of Shared Revenue. Under Act 55, funding for the utility aid component of shared revenue is re-estimated upward slightly in 2016-17 by $1.3 million. Total aid payments are estimated at $71,900,000 in 2016-17.