by Liz Gullett | Jul 21, 2023 | Liz Gullett
On Thursday, Governor Whitmer signed the education budget for the upcoming fiscal year. The budget makes several large investments in education, including the highest per-pupil funding and providing free breakfast and lunch for all public school students. Higher...
by Liz Gullett | Jul 21, 2023 | Liz Gullett
For only the third time since the 1970s, Michigan’s unemployment rate last month dropped below 4%. The June 2023 rate declined by one-tenth of a percentage point to 3.6%. Key Points: The June rate was the lowest it’s been in 23 years. The labor force grew by 23,000 in...
by Liz Gullett | Jul 21, 2023 | Liz Gullett
This week, Governor Whitmer signed legislation implementing the voting reforms within Ballot Proposal 22-2. While the majority of Michigan voters approved the reforms during last year’s general election, it was up to the House and Senate to pass legislation...
by Liz Gullett | Jul 21, 2023 | Liz Gullett
All three main international ratings agencies have reaffirmed Michigan’s credit rating this week. Moody’s Investors Service: Reaffirmed their Aa1 rating with a “stable outlook.” They noted the state has effective financial forecast practices, budgetary reserves at...
by Liz Gullett | Jul 21, 2023 | Liz Gullett
Governor Whitmer signed legislation into law, aimed at providing more affordable housing statewide and transforming vacant land into productive space. Key Points: Allows tax revenues captured through local brownfield redevelopment authorities to fund affordable...
by Liz Gullett | Jul 21, 2023 | Liz Gullett
The House and Senate will continue their summer recess. Neither session nor committees are scheduled.
