Local government budgets. Prohibits a county, city, town, or townships (unit) from reducing its annual public safety budget for the ensuing fiscal year by an amount that is more than the percentage by which the anticipated revenue for the ensuing budget year is less than the anticipated revenue in the current budget year. Provides that a unit may not transfer more than 5% of the funds appropriated to the public safety budget to a non-public safety purpose, unless the executive declares that an emergency exists and the transfer is necessary to protect the public health, welfare, or safety. Exempts public safety budget reductions that are the result of a reorganization of a unit under the government modernization act.