Boards and Commissions with Public Meetings
- Detroit Financial Review Commission
The Commission is responsible for oversight of the City of Detroit and the Detroit Public Schools Community District. It ensures both are meeting statutory requirements, reviews and approves their budgets, and establishes programs and requirements for prudent fiscal management, among other roles and responsibilities.
- Michigan Education Trust Board
MET is a qualified tuition program under Section 529 of the Internal Revenue Code which provides tax exemption for the trust and tax exemption of earnings for contract participants who use MET funds to pay for qualified higher education expenses. The Board is responsible for policy development, investment initiatives, program development and implementation.
- Michigan Finance Authority
The Authority provides effective, low-cost options to finance the acquisition, construction, improvement, or alteration of land, facilities, equipment, the payment of project costs, or to refinance existing debt. These options benefit: municipalities, public, private and charter schools, healthcare providers, private colleges and universities, and college students.
- Michigan Gaming Control Board
The Board licenses, regulates and enforces the system of casino gambling established under the Michigan Gaming Control & Revenue Act. The Governor's appointment office apppoints its five members with the advice and consent of the Senate for terms of four years, and not more than three board members may be members of the same political party. The members receive reimbursement for all actual and necessary expenses and disbursements incurred in the execution of official duties (see 432.204 Section 4 of the Gaming Control & Revenue Act). The MGCB was created within the Treasury Department.
- Michigan Infrastructure Council
The Council was created to bring together local utility and infrastructure owners, regional representatives, finance and policy experts, and state department leaders to coordinate infrastructure-related goals and develop a long-term strategy for Michigan’s infrastructure assets.
- Municipal Stability Board
The Board was created because of Public Act 202 of 2017 which requires the Board to review corrective action plans submitted by local units of governments whose defined benefit retirement systems have been determined underfunded by the Treasurer. The Board will review and vote on the approval of a corrective action plan. They also monitor each underfunded local unit of government’s compliance with P.A. 202.
- Receivership Transition Authority Board (RTAB) for Muskegon Heights School District
The RTAB is an in between form of oversight between emergency management and full local control. It is in place to allow the local school board to have control again, but effectively has the power to step in if the local board would violate the terms of their emergency loans.
- State Building Authority
The purpose of the Authority is to acquire, construct, furnish, equip, and renovate buildings and equipment for the use of the State, including public universities and community colleges.
- State Tax Commission
The Commission has general supervision of the administration of the Property Tax Laws in Michigan and offer assistance and advice to assessors as necessary. In 2009, the State Tax Commission became responsible for the education and certification of assessing officers
- State of Michigan Investment Board
The Board serves as the fiduciary over the assets of the State of Michigan Retirement System, holding ultimate responsibility for managing and investing its assets.