Act 345 Retirement System for the City of Traverse City Regular Meeting
The meeting addressed several financial and administrative matters, including the approval of retiree benefits and the certification of the City's contribution to the pension plan as outlined in the actuarial valuation report. A presentation was provided by Mariner Consulting, and the board reviewed the status of Act 88 reciprocity, which was tabled for a subsequent meeting. Finally, the board approved outstanding legal service invoices.
Jan 1, 2026·Strategic plan
Enterprise
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City of Traverse City Annual Operating Budget 2026-2027
This document presents the City of Traverse City's Annual Operating Budget for Fiscal Year 2026-2027. It outlines financial resources allocated in alignment with the City's Strategic Action Plan and Objectives and Key Results, aiming for transparent, strategic, and community-centered financial planning. The budget prioritizes balancing core municipal service delivery with targeted strategic investments focusing on urban design, placemaking and neighborhood character, regional collaboration, community development, environmental sustainability, and fostering a thriving year-round economy. The overarching goal is to ensure effective stewardship of public resources, sustain essential services, and advance future strategic initiatives for the community.
