January Revenue Increases

January Revenue Increases

Michigan’s major taxes and net lottery revenue in January 2026 increased 16.7% from the prior year, totaling $3.5 billion. Total collections were approximately $113 million more than prior estimates. Key Points: General Fund tax collections came in $30.7 million...
January Revenue Increases

Revenue Estimating Conference Held

Today, the directors of the House and Senate Fiscal Agencies, State Treasurer Rachael Eubanks, and State Budget Director Jen Flood came together to reach a consensus on projected state revenue for the upcoming fiscal year. At the biannual Consensus Revenue Estimating...
January Revenue Increases

December Revenue Declines

Last month, major taxes and net lottery revenue declined by 6.5% from the prior year, totaling $2.9 billion. Collections dedicated to the General Fund (GF) came in $273.9 million below projections, while those dedicated to the School Aid Fund (SAF) were $57.2 million...
Last Week on the MLC Blog

Last Week on the MLC Blog

Over the past week, we covered these topics on the MLC Blog… With over a decade of experience in lobbying, MLC Partner Matt Sowash reflected on 10 key lessons he’s learned along the way. From Yale grad to Green Beret to the Michigan Senate, Senator Jonathan Lindsey...
October Revenue Grows Year-Over-Year

October Revenue Grows Year-Over-Year

Michigan’s major taxes and net lottery revenue totaled $4.3 billion last month, an increase of 5.9% from October 2024. Collections were $40.1 million above May’s Consensus Revenue Estimating Conference projections, according to the latest report by the Senate Fiscal...