This is a legal form that was released by the Michigan Department of Treasury - a government authority operating within Michigan. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is Form 3883?
A: Form 3883 is the Municipal Finance Qualifying Statement Worksheet used in Michigan.
Q: What is the purpose of Form 3883?
A: The purpose of Form 3883 is to calculate the maximum amount of municipal debt a city or township in Michigan can incur.
Q: Who uses Form 3883?
A: Form 3883 is used by cities and townships in Michigan.
Q: What information is required on Form 3883?
A: Form 3883 requires information about the municipality's budget, estimated revenue, assessed property values, and outstanding debt.
Q: How is the maximum debt calculated using Form 3883?
A: The maximum debt is calculated by subtracting the municipality's estimated revenue and other financial obligations from its budgeted expenditures.
Form Details:
Download a fillable version of Form 3883 by clicking the link below or browse more documents and templates provided by the Michigan Department of Treasury.