The City of Cadillac is committed to fiscal openness, responsibility, and accountability. This is primarily achieved through the various financial planning and reporting processes that take place each year through the annual operating budget, the 5-year capital improvement program, and the annual independent audit.

To be a key leader in governmental accountability for our community and throughout Northern Michigan, the City of Cadillac has developed this page which makes several layers of information available to the public to help facilitate and demonstrate the City's commitment to fiscal accountability. This information includes accounts payable check registers, quarterly financial reports, and any other information that is deemed important to demonstrate fiscal compliance and openness.

The City also demonstrates accountability and openness by making the annual operating budget, the capital improvement program, and the annual independent audit report available for download.

Monthly Check Registers
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Quarterly Financial Reports
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A principal source of revenue for the City of Cadillac is the levy of taxes on real and personal property located within the Cadillac city limits. The levy and collection of property taxes is governed by Michigan Public Act 206 of 1893 (General Property Tax Act) as amended.

It is important to note that property taxes for several taxing authorities other than the City of Cadillac are included with each property tax bill. In fact, for every dollar of property taxes paid on a City tax bill, only $0.27 stays with the City. The remaining $0.73 is distributed to the appropriate taxing unit. This distribution is highlighted in the chart to the right.

City Millage Rates:
Operating - 13.9473 mills
Police & Fire Retirement - 2.6000 mills
(one mill is equal to $1 in taxes for each $1,000 in taxable value)