Detroit isn’t the only Metro area municipality facing high fiscal stress

Below are eight different maps that describe the fiscal situation of each municipality in Southeast Michigan. These scores were obtained through Munetrix, and are based on a scoring methodology that was originally developed in 1992 by the Michigan Department of Treasury and Michigan State University. Since then, the methodology has been updated and the score is now based on an algorithm focused around population, debt, taxable value, general fund expenditures, fund balances, and the health of current and past operating budgets.

According to Munetrix (LINK), “The system is digital in nature, a pass-fail with ten categories. If a community ‘passes’ a given metric, or beats the trigger, they score a zero in that metric. If they fail, they are assigned a one.  Add up the ones in all 10 categories and that is the fiscal score for that unit of government.”

Each community is given a score on a 0-10 scale. A zero, which is associated with the darkest shade of green in the maps below, means the community is in a healthy financial state, while a 10 means the municipality has challenges in all 10 fiscal categories considered.

No community in the seven county region was given a 10 as its fiscal indicator score. The City of Detroit received an 8, which was the highest score given in this region.

Please note that each municipality’s fiscal score for 2012 is represented unless specified otherwise.

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Below are eight different maps that describe the fiscal situation of each municipality in Southeast Michigan. These scores were obtained through Munetrix, and are based on a scoring methodology that was originally developed in 1992 by the Michigan Department of Treasury and Michigan State University. Since then, the methodology has been updated and the score is now based on an algorithm focused around population, debt, taxable value, general fund expenditures, fund balances, and the health of current and past operating budgets.

According to Munetrix, “The system is digital in nature, a pass-fail with ten categories. If a community ‘passes’ a given metric, or beats the trigger, they score a zero in that metric. If they fail, they are assigned a one.  Add up the ones in all 10 categories and that is the fiscal score for that unit of government.”

Each community is given a score on a 0-10 scale. A zero, which is associated with the darkest shade of green in the maps below, means the community is in a healthy financial state, while a 10 means the municipality has challenges in all 10 fiscal categories considered.

No community in the seven county region was given a 10 as its fiscal indicator score. The City of Detroit received an 8, which was the highest score given in this region.

Please note that each municipality’s

 

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