by Liz Gullett | Jul 12, 2024 | Liz Gullett
June 2024 major taxes and net lottery revenue totaled $3.0 billion, which was $100.5 million more than previous projections. This is attributable to greater-than-expected payments from the Michigan Business Tax, and the Flow-Through Entity Tax, among other higher...
by Liz Gullett | Jun 28, 2024 | Liz Gullett
During all-night marathon sessions, the House and Senate approved an $82.5 billion budget for the upcoming fiscal year, beginning on October 1. Both the K-12 Budget and the Omnibus Budget, funding departments and agencies, were passed on near party-line votes....
by Liz Gullett | Jun 17, 2024 | Liz Gullett
Over the past week, we covered these topics on the MLC Blog… MLC lobbyist Rudy Hobbs shared the steps he’s taking to ensure the success of his personal goal for the year of focusing on networking. The House Fiscal Agency released its monthly revenue update, showing...
by Liz Gullett | Jun 14, 2024 | Liz Gullett
The House Fiscal Agency released its monthly revenue update, showing cash collections last month increased $145.3 million from the prior year, totaling $2,636 million. General Fund/General Purpose revenue is estimated to be $1,202.9 million, which is $214.5 million...
by Liz Gullett | May 17, 2024 | Liz Gullett
Today, the directors of the House and Senate Fiscal Agencies came together with State Treasurer Rachael Eubanks and State Budget Director Jen Flood to reach a consensus for projected state revenue for the upcoming fiscal year. At the biannual Consensus Revenue...
