6TH ANNUAL TNN TRI-TOWNSHIP FISCAL COMPARISON TNN Estimates local townships spent $3.52 million for FY 2015-16, up 12% from prior year. Milton is up 40% principally for parkland acquisition and provision for parks maintenance. Cash balances exceed 17 months of spending – Milton and Torch Lake Townships cash is about $2 million each, Elk Rapids is about $1 million. The data shows overhead ranges from 24% to 38% of spending. Priorities continue to shift to Public Safety/Service but principally by more spending.Read more 2016 Autumn TNN News
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