Transparency

MEDC, Michigan’s lead economic development agency, has a commitment to keep citizens informed and in the loop about programs and incentives supported by tax dollars. Use the tool on this page to select and search for a variety of reports filed by MEDC, including legislative reports, fact sheets, maps and more. Check back often for updates.

MEDC Reports - Budget Spending Plans (13)

DRAFT MEDC Fiscal Year 2025 Budget Spending Plan

Revised Date: Sep 11, 2024

View the DRAFT MEDC Fiscal Year 2025 Budget Spending Plan.

MEDC Fiscal Year 2024 Budget Spending Plan

Revised Date: Sep 11, 2024

View the MEDC Fiscal Year 2024 Budget Spending Plan.

MEDC Fiscal Year 2023 Budget Spending Plan

Revised Date: Sep 8, 2022

View the MEDC Fiscal Year 2023 Budget Spending Plan.

MEDC Fiscal Year 2022 Budget Spending Plan

Revised Date: Dec 8, 2021

View MEDC's fiscal year 2022 budget spending plan.

MEDC Fiscal Year 2021 Budget Spending Plan

Revised Date: Dec 8, 2021

View MEDC's fiscal year 2021 budget spending plan.

MEDC Fiscal Year 2020 Budget Spending Plan

Revised Date: Mar 10, 2020

View MEDC's fiscal year 2020 budget spending plan.

MEDC Fiscal Year 2019 Budget Spending Plan

Revised Date: Mar 10, 2020

View MEDC's fiscal year 2019 budget spending plan.

MEDC Fiscal Year 2018 Budget Spending Plan

Revised Date: Mar 10, 2020

View MEDC's fiscal year 2018 budget spending plan.

MEDC Fiscal Year 2017 Budget Spending Plan

Revised Date: Mar 10, 2020

View MEDC's fiscal year 2017 budget spending plan.

MEDC Fiscal Year 2016 Budget Spending Plan

Revised Date: Jan 1, 2016

View MEDC's fiscal year 2016 proposed budget overview and spending plan.

MEDC Fiscal Year 2015 Budget Spending Plan

Revised Date: Jan 5, 2015

For archiving purposes, view MEDC's fiscal year 2015 proposed budget spending plan and overview.

MEDC Fiscal Year 2014 Budget Spending Plan

Revised Date: Jan 1, 2014

For archiving purposes, view MEDC's fiscal year 2014 proposed budget spending plan and overview.

MEDC Fiscal Year 2013 Budget Spending Plan

Revised Date: Jan 1, 2013

For archiving purposes, view MEDC's fiscal year 2013 proposed budget spending plan and overview.

MEDC Reports - Financial Audit Reports (25)

Michigan Strategic Fund Annual Financial Report for Fiscal Year Ending 2023

Revised Date: Feb 28, 2024

View the Michigan Strategic Fund Annual Financial Report for Fiscal Year Ending 2023.

MEDC Annual Financial Report for Fiscal Year Ending 2023

Revised Date: Feb 23, 2024

View the MEDC Annual Financial Report for Fiscal Year Ending 2023.

Michigan Strategic Fund Annual Financial Report for Fiscal Year Ending 2022

Revised Date: Mar 15, 2023

View the Michigan Strategic Fund Annual Financial Report for Fiscal Year Ending 2022.

MEDC Annual Financial Report for Fiscal Year Ending 2022

Revised Date: Mar 9, 2023

View the MEDC Annual Financial Report for Fiscal Year Ending 2022.

Michigan Strategic Fund Annual Financial Report for Fiscal Year Ending 2021

Revised Date: Mar 25, 2022

View the Michigan Strategic Fund Annual Financial Report for Fiscal Year Ending 2021.

MEDC Annual Financial Report for Fiscal Year Ending 2021

Revised Date: Mar 16, 2022

View the MEDC Annual Financial Report for Fiscal Year Ending 2021.

Michigan Strategic Fund Annual Financial Report for Fiscal Year Ending 2020

Revised Date: Feb 11, 2021

View the Michigan Strategic Fund Annual Financial Report for Fiscal Year Ending 2020.

MEDC Annual Financial Report for Fiscal Year Ending 2020

Revised Date: Feb 11, 2021

View the MEDC Annual Financial Report for Fiscal Year Ending 2020.

Michigan Strategic Fund Annual Financial Report for Fiscal Year Ending 2019

Revised Date: Feb 10, 2020

View the Michigan Strategic Fund Annual Financial Report for Fiscal Year Ending 2019.

MEDC Annual Financial Report for Fiscal Year Ending 2019

Revised Date: Feb 10, 2020

View the MEDC Annual Financial Report for Fiscal Year Ending 2019.

MEDC Annual Financial Report for Fiscal Year Ending 2018

Revised Date: Feb 11, 2019

View the MEDC annual financial report for fiscal year ending 2018.

Michigan Strategic Fund Annual Financial Report for Fiscal Year Ending 2018

Revised Date: Feb 11, 2019

View the MSF annual financial report for fiscal year ending 2018.

MEDC Annual Financial Report for Fiscal Year Ending 2017

Revised Date: Nov 1, 2017

View the MEDC annual financial report for fiscal year ending 2017.

Michigan Strategic Fund Annual Financial Report for Fiscal Year Ending 2017

Revised Date: Oct 1, 2017

View the MSF annual financial report for fiscal year ending 2017.

MEDC Annual Financial Report for Fiscal Year ending 2016

Revised Date: Oct 3, 2016

View the MEDC annual financial report for fiscal year ending 2016.

Michigan Strategic Fund Annual Financial Report for Fiscal Year Ending 2016

Revised Date: Sep 30, 2016

View the MSF annual financial report for fiscal year ending 2016.

MEDC Annual Financial Report for Fiscal Year ending 2015

Revised Date: Sep 30, 2015

View the MEDC annual financial report for fiscal year ending 2015.

Michigan Strategic Fund Annual Financial Report for Fiscal Year Ending 2015

Revised Date: Sep 30, 2015

View the MSF annual financial report for fiscal year ending 2015.

Michigan Strategic Fund Annual Financial Report for Fiscal Year Ending 2014

Revised Date: Mar 18, 2015

View the MSF annual financial report for fiscal year ending 2014.

MEDC Annual Financial Report for Fiscal Year ending 2014

Revised Date: Sep 30, 2014

View the MEDC annual financial report for fiscal year ending 2014.

MEDC 2013 Financial Audit - Report on Internal Controls

Revised Date: Mar 5, 2014

View the MEDC 2013 Financial Audit - Report on Internal Controls.

MEDC 2013 Financial Audit

Revised Date: Feb 5, 2014

View the MEDC 2013 Financial Audit.

Michigan Strategic Fund 2013 Financial Audit

Revised Date: Feb 5, 2014

View the Michigan Strategic Fund 2013 Financial Audit

Michigan Strategic Fund 2013 Financial Audit - Report on Internal Controls

Revised Date: Feb 5, 2014

View the Michigan Strategic Fund 2013 Financial Audit - Report on Internal Controls.

MEDC 2013 Financial Audit - MEDC Report on Internal Controls

Revised Date: Jun 15, 2011

View the MEDC 2013 Financial Audit - MEDC Report on Internal Controls.

MEDC Reports - Scorecard (1)

MEDC Miscorecard FY2024

Revised Date: Oct 4, 2024

Updated monthly, the MEDC Scorecard tracks progress of MEDC's performance and specific goals set by the organization.

MEDC Reports - Strategic Focus (1)

MEDC Strategic Focus

Revised Date: Feb 17, 2022

View MEDC's most up-to-date strategic focus document.

MEDC Reports - MEDC by laws (1)

MEDC By-Laws

Revised Date: Mar 14, 2024

View the most-up-to-date version of the MEDC by-laws.

MEDC Reports - MEDC Procurement Contracts (2)

MEDC Procurement Contracts (PDF format)

Revised Date: Sep 6, 2016

View a list of MEDC's Procurement Contracts in a PDF file format.

MEDC Procurement Contracts (XLSX format)

Revised Date: Sep 6, 2016

View of list of MEDC's Procurement Contracts in an Excel file format.

MEDC Reports - Performance Audit Reports (2)

21st Century Jobs Fund Performance Audit 2013

Revised Date: Sep 5, 2013

View the 2013 21st Century Jobs Fund Performance Audit.

Renaissance Zone Performance Audit 2013

Revised Date: Jan 4, 2013

View the 2013 Renaissance Zone Performance Audit.

MEDC Reports - Economic Reports (4)

Paper City TBP Economic and Fiscal Impact Analysis

Revised Date: Jul 21, 2020

The Transformational Brownfield Plan Assessment Series is a joint effort by the University of Michigan Research Seminar in Quantitative Economics (RSQE) and the W.E. Upjohn Institute for Employment Research to analyze fiscal and economic effects of Transformational Brownfield Plans, or TBPs. Michigan defines TBPs as brownfield plans that have a transformational impact on local economic and community revitalization while also having an overall positive fiscal impact on the state. State law requires economic and fiscal impact analyses for TBPs that request rewards of at least $1.5 million. RSQE, in consultation with the Upjohn Institute, will produce up to 25 such analyses, five per year, for the Michigan Economic Development Corporation.

21st Century Economy - A Report for Governor Rick Snyder

Revised Date: Dec 11, 2018

View the 21st Century Economy - A Report for Governor Rick Snyder

Bedrock Transformational Sites – Underwriting Analysis

Revised Date: May 18, 2018

Transformational Brownfield Plans (TBP) proposing to use more than $1.5 million in annual income and withholding tax capture revenues require an independent economic and fiscal impact analysis and independent underwriting analysis conducted by a third-party. Consultants were selected to conduct the analysis by the MEDC and the State Treasurer through a competitive RFP process. The University of Michigan Research Seminar in Quantitative Economic (RSQE) along with the W.E. Upjohn Institute for Employment Research performed an Economic and Fiscal Impact Assessment and SB Friedman Development Advisors conducted an underwriting analysis of the Project. The reports were produced in response to the first TBP application.

An Economic and Fiscal Impact Assessment of the Transformational Brownfield Plan Submitted by Bedrock Management Services, LLC

Revised Date: Apr 30, 2018

Transformational Brownfield Plans (TBP) proposing to use more than $1.5 million in annual income and withholding tax capture revenues require an independent economic and fiscal impact analysis and independent underwriting analysis conducted by a third-party. Consultants were selected to conduct the analysis by the MEDC and the State Treasurer through a competitive RFP process. The University of Michigan Research Seminar in Quantitative Economic (RSQE) along with the W.E. Upjohn Institute for Employment Research performed an Economic and Fiscal Impact Assessment and SB Friedman Development Advisors conducted an underwriting analysis of the Project. The reports were produced in response to the first TBP application.

Report Types