Accounting and Financial Reports


Budget Documents

2023 Adopted Budget

2022 Adopted Budget

2021 Adopted Budget

Annual Audited Financial Statements

2022 Financial Statement

2021 Financial Statement

2020 Financial Statement

2019 Financial Statement

2018 Financial Statement

2017 Financial Statement

2016 Financial Statement

Village of Beverly Hills Employees' Retirement System Annual Report
   *The Defined Benefit Pension Plan was closed to all hires on July 1, 2013

December 31, 2021 MERS Annual Actuarial Valuation Report - most recent report

December 31, 2020 MERS Annual Actuarial Valuation Report

December 31, 2019 MERS Annual Actuarial Valuation Report

Village of Beverly Hills Retiree Health Care System Annual Report
   *Retiree Health Care was closed to all hires on July 1, 2006.

2022 GASB 74/75 Actuarial Valuation  

2021 GASB 74/75 Actuarial Valuation

2020 GASB 74/75 Actuarial Valuation  

2019 GASB 74/75 Actuarial Valuation   

2018 GASB 74/75 Actuarial Valuation  

Public Act 202 of 2017 Pension Report/OPEB (Retiree Health) Report
Under this Act, the State of Michigan requires local governments to report the financial status of their defined benefit pension plans and their retiree health plans to the State using Form 5572.

2021 Form 5572

2020 Form 5572

2019 Form 5572

2018 Form 5572