Financials

Among other responsibilities, the Finance Department is responsible for the development and administration of the annual operating budget. Here you can find several resources to learn more about the state of the Township finances including the current year annual operating budget, the Comprehensive Annual Financial Report for the previous fiscal year, and our Standard & Poor’s rating report outlining our AAA bond rating.

Additionally, Cascade Township receives State of Michigan revenue sharing payments through the City, Village and Township Revenue Sharing (CVTRS) program. This program was instituted by the State of Michigan beginning in the 2015 State Fiscal Year and replaced the Economic Vitality Incentive Program (EVIP) which the Township was not eligible for. As part of the CVTRS program the Township is required to produce and maintain several transparency related reports including an easy-to-read Citizens Guide to Finances, a Debt Service Report detailing the outstanding debt of the Township, and a projected budget report. All of these items are also available for your review below.

Any questions about the Township budget or finances can be directed to the Finance and Budget Director at (616) 949-6944.

Municipal Performance Dashboard

Online Citizens Guide to Cascade Finances

2023 Budget
PDF Icon 2023 Budget
PDF IconDraft Budget after Chart of Accounts Conversion
PDF IconApproval Presentation
PDF IconBudget Review Presentation
PDF IconForensic Audit

 

Capital Improvement Plans
PDF Icon 2018-2023 Capital Improvements Plan
PDF Icon CIP Presentation
 
2023 CVTRS Reports                                          
PDF Icon CVTRS Certification  
PDF Icon Revised Budget Report  
PDF Icon Budget Report Assumptions  
PDF Icon Debt Service Report  
 
2022 CVTRS Reports 2021 CVTRS Reports
PDF Icon CVTRS Certification PDF Icon CVTRS Certification
PDF Icon Revised Budget Report PDF Icon Budget Report
PDF Icon Budget Report Assumptions PDF Icon Budget Report Assumptions
PDF Icon Debt Service Report PDF Icon Debt Service Report
PDF Icon Performance Dashboard PDF Icon Performance Dashboard
 
Other Reports F-65 Reports
PDF Icon 2022 CVTRS Report PDF Icon 2018                              
PDF Icon 2021 Retirement Annual Report  PDF Icon 2019
PDF Icon 2018 PA202 Pension Report PDF Icon 2020
PDF Icon 2017 MERS Actuarial Valuation Report PDF Icon 2021
PDF Icon 2015 Moody's Bond Rating Report PDF Icon 2022
PDF Icon State of MI Pension Fund Status Letter  
 
Budget Archive                             Annual Financial Report Archive
 PDF Icon 2022 Budget    PDF Icon 2022 CAFR
 PDF Icon 2021 Budget    PDF Icon 2021 CAFR
 PDF Icon 2020 Budget    PDF Icon 2020 CAFR
 PDF Icon 2019 Budget    PDF Icon 2019 CAFR
PDF Icon 2018 Budget   PDF Icon 2018 CAFR
PDF Icon 2017 Budget   PDF Icon 2017 CAFR
PDF Icon 2016 Budget   PDF Icon 2016 CAFR
PDF Icon 2015 Budget   PDF Icon 2015 CAFR
PDF Icon 2014 Budget   PDF Icon 2014 CAFR
PDF Icon 2013 Budget   PDF Icon 2013 CAFR
PDF Icon 2012 Budget   PDF Icon 2012 CAFR