On March 19, 2009, The Local Emergency Financial Assistance Loan Board appointed an Emergency Financial Manager for the City of Pontiac. The Board is led by Andy Dillon, State Treasurer. On September 11, 2011 Louis Schimmel was appointed the City of Pontiac Emergency Manager under Public Act 4 by Governor Rick Snyder. On August 8, 2012, Mr. Schimmel was apppointed Emergency Financial Manager by the Local Emergency Financial Assistance Loan Board.
Please use these pages to find out more about the Emergency Financial Manager process and to find out what is being done to secure the financial stability of our city.
Click here to read an explanation of the Emergency Financial Manager process: How did we get to this point and where do we go from here?
CITY OF PONTIAC FINANCIAL AND OPERATING PLAN, JUNE 7, 2013
The Emergency Manager has submitted a new Financial and Operating Plan for the City of Pontiac.
PHOENIX PLAZA & PARKING GARAGE CONDITION REPORT
The City recently asked DESMAN Associates to evaluate and make recommendations regarding the condition of the Phoenix Plaza and Parking Garage.
EMERGENCY FINANCIAL MANAGER'S ADOPTED 2012-2013 BUDGET
The Budget for Fiscal Year 2012-2013 has been adopted. Click the link below to view the details. Also available is the video of the public hearing regarding the budget.
Click here to view the public budget hearing on PontiacTV
NEW - PROJECTED BUDGET REPORT
NEW COLLECTIVE BARGAINING AGREEMENTS
On April 25, 2013, the Emergency Financial Manager and representatives of the Teamsters Local 214 signed a new collective bargaining agreement.
On July 18, 2012 the Emergency Financial Manager and representatives of AFSCME Local 2002 signed a new collective bargaining agreement
On August 30, 2012 the Emergency Financial Manager and representatives of Supervisory & Administrative Employees Association (SAEA) signed a new collective bargaining agreement
WASTE WATER RESTRUCTURING
The City has announced that they are working with Oakland County to restructure its wastewater treatment plant operations to provide long-term savings and an immediate cash benefit to its residents.
EMERGENCY FINANCIAL MANAGER REPORT
FEDERAL FUNDS PRESS RELEASES
EMERGENCY FINANCIAL MANAGER'S LETTER TO RESIDENTS
In an effort to keep the residents of Pontiac aware of what actions are being taken and why, Emergency Financial Manager Louis Schimmel has written an informational letter.
CITY OF PONTIAC AMENDED FINANCIAL AND OPERATION PLAN
June 15, 2012
City of Pontiac Written Financial Plan
If any person has a suggestion how to address the deficit in a different manner, please submit those suggestions in writing at any time to the Emergency Financial Manager. Please identify revenue enhancements or cuts in spending. He will consider each suggestion that he receives in writing.
CITY OF PONTIAC DASHBOARD AND CITIZENS GUIDE
The Pontiac Municipal Performance Dashboard includes financial and operating measures important to the government and its citizens. This data includes a current and prior year overview comparision as well as charts and graphs that allow you to view trends over multiple years. Areas of focus include the following:
- Fiscal Stability
- Economic Strength
- Public Safety
- Quality of Life
Click here to view the Citizen's Guide to Local Unit Finance (excel required)
Quarterly Reports as Required by the State of Michigan
The City of Pontiac has filed the following reports with the appropriate representatives of the State of Michigan. Click below to download reports.
Act No. 181 as Required by the State of Michigan
In accordance with Act No. 181 of Public Acts of 2009, the City of Pontiac has filed the following report with the appropriate representatives of the State of Michigan for the period June 1, 2010 through November 30, 2010.
The City of Pontiac Financial Report for Fiscal Year 2011 is now available online