Charter Township of Oakland Annual 2025 Budget
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Charter Township of Oakland's 2025 Annual Budget covers the fiscal year January 1, 2025 through December 31, 2025 and is organized across ten funds including General Fund 101, Fire Department Fund 206, Police Department Fund 207, Parks & Recreation Fund 208, Trails Improvement Fund 211, Land Preservation Fund 213, OPC Fund 232, Historic District Commission Fund 270, Library Fund 271, and Building Department Fund 549. The General Fund 101 projects current real property tax revenue of $952,000 for 2025, an increase from the 2024 amended budget of $837,685, along with state revenue sharing from sales tax estimated at $2,197,000. The budget document spans 34 pages and includes historical activity data from 2021–2022 through 2024, with forecasted budgets projected through 2027.
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- Budget
The Charter Township of Oakland's preliminary budget for fiscal years 2021–2024 projects General Fund revenues across multiple sources. Current property taxes are estimated at $785,100 for 2021–22, $803,400 for 2022–23, and $822,200 for 2023–24. State sales tax revenue sharing represents the largest revenue stream, projected at $1,500,400 for 2021–22, $1,530,300 for 2022–23, and $1,560,900 for 2023–24. Cable franchise fees and PEG access fees are budgeted at $340,000 and $34,000 respectively for all three years. The budget eliminates Indian Lake Special Assessment revenue ($7,850 in 2020–21) and Cranberry Lake/Kniard Road Special Assessment revenues beginning in 2019–20, while retaining a School Administration Fee of $30,000 for 2021–24. Interest earned projections decline significantly from $208,991 in 2019–20 to $114,550 in 2021–22 and further to $16,500 in 2023–24.
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