Dashboard for Charter Township of SpringfieldView details in the Citizens' Guide |
| Fiscal Stability | 2023 | 2024 | Progress |
|---|---|---|---|
| Fiscal Wellness Indicator Score | 0 | 0 | |
| Annual General Fund expenditures per capita | $164 | $248 | |
| Fund balance as % of General Fund Revenues | 156.7% | 131.5% |
| Economy & Financial Health | 2023 | 2024 | Progress |
|---|---|---|---|
| Population | 14,706 | 14,000 | |
| Taxable Value (100k) | $773,010 | $828,914 |
| School District Enrollment | 2023 | 2024 | Progress |
|---|---|---|---|
| Brandon School District | 2,124 | 2,099 | |
| Clarkston Community School District | 9,276 | 8,775 | |
| Holly Area School District | 3,095 | 3,125 |
| Culture & Lifestyle | 2023 | 2024 | Progress |
|---|---|---|---|
| Governmental Funds committed to arts culture and recreation | $9 | $8 |
Pension Notes:
Springfield Township does not offer a pension.
OPEB Notes:
Current Township policy provides the option for retirees to continue medical insurance coverage with the Township policy but at their own expense, therefore not creating legacy costs for the Township.
Current Township policy provides the option for retirees to continue medical insurance coverage with the Township policy but at their own expense, therefore not creating legacy costs for the Township.
The Township established a typical pension program in the mid 1970’s which was discontinued and replaced by a 401K plan in the early 1980s. The Township has no unfunded liabilities under the 401K or any other benefit program.