Financially Distressed Cities, Villages and Townships (FDCVT) Grant Program

Financially Distressed Cities, Villages and Townships (FDCVT) Grant Program is sponsored by Michigan Department of Treasury (State Treasurer). This opportunity supports mission-aligned projects and measurable outcomes.

Emergency-related state tax relief available for taxpayers located in multiple counties of Michigan impacted by severe weather. Learn About Disaster Relief Scammers are contacting taxpayers while pretending to be from the Michigan Department of Treasury, using out‑of‑state phone numbers. They may request payments or attempt to trick you into providing your bank account information.

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* State and Authority Finance * Community Services Division * Local Audit and Finance Division * School Review and Fiscal Accountability Division Community Services Division Local Audit and Finance Division Go to Local Audit and Finance Division * Local Retirement Reporting School Review and Fiscal Accountability Division Go to School Review and Fiscal Accountability Division School Review and Fiscal Accountability information on the Michigan State Revenue Sharing Program.

* County Prosecutor Grant * Public Safety Revenue Sharing Go to Local Fiscal Health * Detroit Financial Review Commission State and Authority Finance Go to State and Authority Finance * School Bond Qualification & Loan * State Building Authority * Michigan Finance Authority financing programs to meet the needs of local units of government including: Cities, Villages, Townships, Counties, and various special purpose units.

School Bond Qualification & Loan Go to School Bond Qualification & Loan School Bond Qualification & Loan Go to State Building Authority Michigan Finance Authority Go to Michigan Finance Authority Michigan Finance Authority Go to Additional Information the bond process, finance teams, lost bonds and links to other resources.

* Revenue Administrative Bulletins * Internal Policy Directives * Income Tax Guidance on Global Intangible Low-Taxed Income GILTI For Corporations, Individuals, Trusts, and Estates * Technical Advice Letter * The Implementation of the Michigan Flow-Through Entity Tax Reports on the various taxes that the Department of Treasury administers as well as Treasury's annual reports and other revenue and budget reports.

* ADRP Semi Annual Reports Revenue Administrative Bulletins Go to Revenue Administrative Bulletins A Revenue Administrative Bulletin (RAB) is a directive issued by the Bureau of Tax Policy. Its purpose is to promote uniform application of tax laws throughout the State by the Bureau of Tax Policy personnel and provide information and guidance to taxpayers.

A Revenue Administrative Bulletin states the official position of the Department, has the status as precedent in the disposition of cases unless and until revoked or modified, and may be relied on by taxpayers in situations where the facts, circumstances and issues presented are substantially similar to those set forth in the Bulletin.

A taxpayer must consider the effects of subsequent legislation, regulations, court decisions and Bulletins when relying on a Revenue Administrative Bulletin. * Flow-Through Entity Tax Internal Policy Directives Go to Internal Policy Directives Internal Policy Directives are prepared to provide guidance to department staff to insure uniformity in tax administration.

The various Divisions of the Department of Treasury are guided by State statutes, Administrative Rules, Court cases, Revenue Administrative Bureau Bulletins, Property Tax Commission Bulletins and Letter Rulings.

Income Tax Guidance on Global Intangible Low-Taxed Income GILTI For Corporations, Individuals, Trusts, and Estates Go to Income Tax Guidance on Global Intangible Low-Taxed Income GILTI For Corporations, Individuals, Trusts, and Estates Go to Technical Advice Letter * Agricultural Production Exemption * Assets to be purchased under the industrial processing exemption * Change in Identity Form or Place of Organization * Components for Modular Homes * Manufacturing and selling medical devices and products * Products affixed to realty by company or another contractor or sold by company at retail * Sales and Use Tax Treatment of Software Products * Sales Tax Treatment of Certain Transactions Involving Software * Sales Tax Treatment of Warranties * Single-Use Medical Devices * SRETT Exemption on Transfer of Interests in Real Property * Taxability of recycling services waste removal and dumpster rentals * Taxability of Services and Tangible Personal Property * Taxation of separation payment made to nonresident * Use tax on loaners during vehicle repairs under recall or warranty The Implementation of the Michigan Flow-Through Entity Tax Go to The Implementation of the Michigan Flow-Through Entity Tax * Americans with Disabilities Act Title II Contact Americans with Disabilities Act Title II Contact Go to Americans with Disabilities Act Title II Contact * Language Access Request Form * Tiếng Việt / Vietnamese Language Access Request Form Go to Language Access Request Form Go to 普通话 / Chinese Mandarin Go to Kiswahili / Swahili Go to Tiếng Việt / Vietnamese * State and Authority Finance * Community Services Division * Local Audit and Finance Division * School Review and Fiscal Accountability Division BackLocal Audit and Finance Division * Local Retirement Reporting BackSchool Review and Fiscal Accountability Division * County Prosecutor Grant * Public Safety Revenue Sharing * Detroit Financial Review Commission BackState and Authority Finance * School Bond Qualification & Loan * State Building Authority * Michigan Finance Authority BackSchool Bond Qualification & Loan BackState Building Authority BackMichigan Finance Authority BackAdditional Information * Revenue Administrative Bulletins * Internal Policy Directives * Income Tax Guidance on Global Intangible Low-Taxed Income GILTI For Corporations, Individuals, Trusts, and Estates * Technical Advice Letter * The Implementation of the Michigan Flow-Through Entity Tax * ADRP Semi Annual Reports BackRevenue Administrative Bulletins * Flow-Through Entity Tax BackInternal Policy Directives BackIncome Tax Guidance on Global Intangible Low-Taxed Income GILTI For Corporations, Individuals, Trusts, and Estates BackTechnical Advice Letter * Agricultural Production Exemption * Assets to be purchased under the industrial processing exemption * Change in Identity Form or Place of Organization * Components for Modular Homes * Manufacturing and selling medical devices and products * Products affixed to realty by company or another contractor or sold by company at retail * Sales and Use Tax Treatment of Software Products * Sales Tax Treatment of Certain Transactions Involving Software * Sales Tax Treatment of Warranties * Single-Use Medical Devices * SRETT Exemption on Transfer of Interests in Real Property * Taxability of recycling services waste removal and dumpster rentals * Taxability of Services and Tangible Personal Property * Taxation of separation payment made to nonresident * Use tax on loaners during vehicle repairs under recall or warranty BackThe Implementation of the Michigan Flow-Through Entity Tax * Americans with Disabilities Act Title II Contact BackAmericans with Disabilities Act Title II Contact * Language Access Request Form * Tiếng Việt / Vietnamese BackLanguage Access Request Form Back普通话 / Chinese Mandarin BackTiếng Việt / Vietnamese /treasury/local/share/evip/distress Search is currently unavailable.

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Statutory Revenue Sharing 5. Financially Distressed Cities, Villages and Townships (FDCVT)") The purpose of the grant program is to provide grants to financially distressed cities, villages, or townships with one (1) or more conditions that indicate probable financial distress. Grant funding is to be used to pay for specific projects or services that move the city, village, or township toward financial stability.

All Michigan cities, villages, or townships with one (1) or more conditions that indicate probable financial distress, as determined by the Michigan Department of Treasury.

* Michigan city, village, or township with one (1) or more conditions that indicate probable financial distress * A completed application with detailed information * The applicant must demonstrate how the budgeted costs will lead toward financial stability * Priority will be given to any applicant with two (2) or more conditions that indicate probable financial distress * Priority will be given to any applicant in which a financial emergency has been declared in the past ten (10) years * Priority will be given to any applicant that has an approved Deficit Elimination Plan for the General Fund * Priority will be given to any applicant in which the fund balance of the General Fund has been declining over the past five (5) years and the fund balance is less than 3% of the General Fund Revenues The most recent application period closed on January 30, 2026.

#### FY 2026 Appropriation Amount Available: $2. 5 million in funding will be available for the Michigan Department of Treasury to award. The Michigan Department of Treasury shall award no more than $2.

0 million to any city, village, or township. ### Understanding Your Applications * Financially Distressed Cities, Villages, and Townships (FDCVT) Application Tips, FY 2026 The most recent application period for the Financially Distressed Cities, Villages, and Townships (FDCVT) grant program closed on January 30, 2026.

Subsequent rounds will be determined based on available funding when the Governor's Executive Budget Recommendation for the FY 2026 budget is finalized. **FDCVT Board Resolution Template** The above file is a template that local units can use to assist them in preparing their grant acceptance resolution. Local units do not have to use this template.

The template is available to assist a local unit if it so chooses. Local units have the latitude to create the required resolution in a manner best suited for the local unit.

### View Awarded Grantee Forms * Form 5196, FDCVT Narrative Report * Form 5197, FDCVT Final Follow-up Report * Form 5198, FDCVT Financial Status Report * Form 5199, FDCVT Reimbursement Request * Financially Distressed Cities, Villages, & Townships, Grants Awarded, FY 2026 * Financially Distressed Cities, Villages, & Townships, Grants Awarded, FY 2025 * Financially Distressed Cities, Villages & Townships, Grants Awarded, FY 2024 * Financially Distressed Cities, Villages, & Townships, Grants Awarded, FY 2023 * Financially Distressed Cities, Villages, & Townships, Grants Awarded, FY 2022 * Financially Distressed Cities, Villages, & Townships, Grants Awarded, FY 2021 * Financially Distressed Cities, Villages, & Townships, Grants Awarded, FY 2020 * Financially Distressed Cities, Villages, & Townships, Grants Awarded, FY 2019 * Financially Distressed Cities, Villages, & Townships, Grants Awarded, FY 2018 * Financially Distressed Cities, Villages, & Townships, Grants Awarded, FY 2017 * Financially Distressed Cities, Villages, & Townships, Grants Awarded, FY 2016 * Financially Distressed Cities, Villages, & Townships, Grants Awarded, FY 2015 ### View Boilerplate Reports * FY 2026 FDCVT Grant Program Report Revised May 2026 * FY 2026 FDCVT Grant Program Report * FY 2025 FDCVT Grant Program Report Revised April 2025 * FY 2025 FDCVT Grant Program Report * FY 2024 FDCVT Grant Program Report Revised April 2024 * FY 2024 FDCVT Grant Program Report * FY 2023 FDCVT Grant Program Report Revised August 2023 * FY 2023 FDCVT Grant Program Report * FY 2022 FDCVT Grant Program Report Revised May 2022 * FY 2022 FDCVT Grant Program Report * FY 2021 FDCVT Grant Program Report * FY 2020 FDCVT Grant Program Report Revised May 2020 * FY 2019 FDCVT Grant Program Report * FY 2018 FDCVT Grant Program Report * FY 2017 FDCVT Grant Program Report * FY 2016 FDCVT Grant Program Report * FY 2015 FDCVT Grant Program Report #### Revenue Sharing and Grants Division Email: Treas-Grants@michigan.

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