Michigan budget

8:00 am
Thu May 15, 2014

Reports Show Revenues Down in Michigan

Lead in text: 
Agencies meet with Snyder administration Thursday for bi-annual revenue estimating conference
LANSING, MI -- Michigan lawmakers will have less money to work with than expected as they finish budgets for the upcoming fiscal year. The question is, how much less? The Senate Fiscal Agency, in a report released Wednesday, predicted that current-year revenues will come in $288 million below January estimates.
6:46 am
Thu May 15, 2014

Driver Responsibility Fees Could be Phased Out in Michigan

Lead in text: 
Fees were passed in 2004 to help Michigan fill a hole in its budget
LANSING - They're hated by judges, drivers and legislators and now expensive driver responsibility fees may be on the way out of Michigan's law books. The House Appropriations committee voted unanimously today to phase out the fees by 2018, moving the issue to the full House of Representatives.
6:57 am
Wed May 14, 2014

State Agency Reports Michigan Revenue Down From Earlier Projections

Lead in text: 
Fiscal Agencies for House and Senate along with Snyder administration will settle on a figure for the state's fiscal outlook
LANSING, MI -- Michigan lawmakers debating budget bills for next fiscal year may be hit with some sobering news this week: The state's so-called "surplus" appears to be drying up. Michigan is poised to bring in $422 million less than previously projected during the current fiscal year, according to a new forecast by the non-partisan House Fiscal Agency, which is projecting another $450 million drop below January estimates for 2015.
7:37 am
Thu March 27, 2014

Michigan's Tobacco Settlement Money Used for Many Things Besides Health

Lead in text: 
Tobacco settlement money could be used for Detroit bankruptcy proceedings
Lansing The state has paid for scholarships, business grants, budget fixes and now may help Detroit by raiding a large pot of money that anti-smoking groups and others say rightfully should go toward improving the health of Michiganians.
6:59 pm
Tue March 4, 2014

State House Approves Supplemental Budget, Changes Made to Senate Plan

Lead in text: 
House bill has more money for roads, but other funding removed
LANSING, MI -- Michigan's Republican-led House on Tuesday approved a supplemental budget bill that would scale back Senate-approved spending but add money for road repairs and infrastructure construction projects. The Senate is unlikely to sign off on the changes, meaning the legislation will head to conference committee, where six lawmakers hand-selected by leadership from each chamber will attempt to iron out differences later this week.