Dashboard for City of South LyonView details in the Citizens' Guide
|Economy & Financial Health||2018||2019||Progress|
|Taxable Value (100k)||$343,726||$377,920|
Employees receive a stipend of $500 per month toward Health Insurance premiums until age 65. Public Safety employees receive a stipend of $700 per month toward Health Insurance premiums. The City will begin to make normal cost contributions; valued by an actuary, for new employees hired after July 1, 2018. The City will also begin to contribute the annual required contribution; valued by an actuary in 2020.