FOR RELEASE: October 4, 2011

 

 

City of Troy Meets the New State Standards for Accountability and Transparency

 

 

(TROY, MI)The City of Troy has a long history of fiscal transparency, evidenced by the information contained on its comprehensive website, its community conversations and best practices of cost reduction and fiscal responsibility.  City Management engaged in a massive restructuring initiative to take control of its future to assure that Troy would deliver municipal services in the most cost efficient and effective manner.

 

When the State of Michigan introduced the Economic Vitality Incentive Program (EVIP), it was easily determined that Troy could meet the new state standards.  The Performance Dashboards proposed by Governor Rick Snyder would include those financial and operating measures that are most important to the government and its citizens.  The Dashboards provide a quick assessment of a community’s performance in five key areas that affect families today: economic strength; health and education; value for government; quality of life; and public safety.

 

“Troy has always been a very lean operation with a history of being fiscally responsible,” City Manager John Szerlag said.   “This Dashboard gives us one more way to provide transparency, accountability and a comparative analysis to our citizens.  For more than 15 years, the City of Troy has worked to put best practices in place including engaging in a massive restructuring initiative during these tough times as well as many public and private partnerships.”

 

Troy’s Dashboard, along with providing the State’s mandatory requirements, which also include the Popular Annual Financial Report, also contains additional information such as its Best Practices Report and the Three Year Budget  (2011/12 – 2013/14). 

 

Residents can visit the City of Troy website at http://troymi.gov/dashboard to monitor trends and obtain detailed information. 

 

 

 

 

 

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