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Frequently Asked Questions Regarding Public Act 72 of 1990, Local Government Fiscal Responsibility Act, and the Appointment of Emergency Financial Managers What is Public Act 72 of 1990? The Local
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Public act 72 is a law enacted in 1994 in the state of Michigan.
Local units of government in Michigan are required to file public act 72 reports.
Public act 72 reports can be filled out online through the Michigan Department of Treasury website.
The purpose of public act 72 is to provide transparency and accountability in local government finances.
Public act 72 reports must include financial information such as revenues, expenditures, and fund balances.
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