by Liz Gullett | May 17, 2024 | Liz Gullett
This week, the Senate wrapped up voting on their proposal for the state budget for the upcoming fiscal year. Throughout the floor votes, members of the Senate Republican Caucus offered numerous amendments that weren’t adopted. In order for budgets to get the necessary...
by Liz Gullett | May 10, 2024 | Liz Gullett
This week, the House and Senate continued to work on the state budget for the upcoming fiscal year beginning on October 1, 2024. There are a number of items of difference between the House and Senate, along with the administration, which they will need to continue to...
by Liz Gullett | Apr 19, 2024 | Liz Gullett
Last month, major taxes and net lottery revenue declined 24.7% from the prior year, coming in at $1.6 billion. Additionally, collections were roughly $169.6 million below prior projections from the consensus revenue estimating conference held earlier this year. Key...
by Liz Gullett | Mar 15, 2024 | Liz Gullett
Major tax and net lottery revenue declined in February 2024 by 23.8% from February 2023. Additionally, last month’s collections were $152.1 million below prior projections made at the biannual Consensus Revenue Estimating Conference in January. Key Points: General...
by Liz Gullett | Feb 9, 2024 | Liz Gullett
This week, Governor Gretchen Whitmer presented her budget recommendations for the next fiscal year, beginning on October 1. One of the key areas of the budget is always education and this year was no exception. The governor referred to it as a “Michigan Guarantee”...
