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20 Feb

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News and Information

February 2019 Local Community Stabilization Share (LCSS) Distribution

February 20, 2019 | By |

On February 20, 2019, the Local Community Stabilization Authority is distributing more than $52 million of local community stabilization share (LCSS) revenue to more than 1,600 municipalities, school districts, and intermediate school districts. Municipalities should record the revenue in account 573, Local Community Stabilization Share Tax. Schools should record the revenue in revenue major class code 321, suffix 0000.

The LCSA is only responsible for the distributions so we cannot answer questions regarding calculations. Please visit the Michigan Department of Treasury’s Personal Property Tax Reimbursements webpage at www.michigan.gov/pptreimbursements for information regarding calculations. Please contact the LCSA at contact@lcsami.gov if you have questions regarding the distribution of local community stabilization share revenue.

30 Nov

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News and Information

Fiscal Year 2018-2019 Fire Protection Payments

November 30, 2018 | By |

This week the Local Community Stabilization Authority (LCSA) distributed $13.6 million to municipalities for fire protection services received by state facilities pursuant to Act 289 of 1977. Act 289 of 1977 provides for payments to municipalities for fire protection services received by state facilities. Amendments (Acts 247 and 248 of 2018) to Act 86 of 2014 (the LCSA Act) made the LCSA responsible for distributing these payments beginning in 2018.

The Department of Licensing and Regulatory Affairs (LARA) is still responsible for distributing and collecting the municipal fire protection questionnaire for calculating eligibility and payments to municipalities. Please contact Ms. Shawn Worden at wordens1@michigan.gov for information regarding calculations. Please contact the LCSA at contact@lcsami.gov if you have questions regarding payments.

19 Oct

By

News and Information

October 2018 Local Community Stabilization Share (LCSS) Distribution

October 19, 2018 | By |

This week the Local Community Stabilization Authority (LCSA) will distribute nearly $244 million of Local Community Stabilization Share (LCSS) revenue to 91 tax increment financing authorities; 268 school districts and intermediate school districts; and 616 other municipalities. Local units of government should record the revenue in account 573, Local Community Stabilization Share (see Michigan Department of Treasury Uniform Chart of Accounts for Local Units of Government). Schools should record the revenue in revenue major class code 321, suffix 0000.

The Michigan Department of Treasury is responsible for the calculations. Please visit the Michigan Department of Treasury’s Personal Property Tax Reimbursements webpage at www.michigan.gov/pptreimbursements for information regarding calculations. Please contact the LCSA at contact@lcsami.gov if you have questions regarding the distribution of local community stabilization share revenue.

News and Information

2024 Metro Act – update on 2023 distribution correction

June 3, 2024 |

Communities receiving Metro Act distributions received a letter dated July 27, 2023, regarding an error in the May 2023 distribution of Metro Act funding. Some of the errors were corrected during the 2023 calendar year, most of the errors were to be adjusted with the May 2024 payment. This LINK TO 2024 Metro Act PAYMENTS provides the 2024 distribution amount, 2023 correction amount, and the 2024 payment amount. Municipalities who received a correction in the 2024 payment will receive a letter in June 2024 from the LCSA detailing the correction.

News and Information

2024 Metro Act Distribution

June 3, 2024 |

The 2024 Metro Act Distribution has been processed. Municipalities should receive ACH or Michigan Class direct deposit on or about May 31, 2024. Those municipalities who choose to be paid by check will receive their payment via mail shortly after that date.