Last Week on the MLC Blog

Last Week on the MLC Blog

Over the past week, we covered these topics on the MLC Blog… Democratic gubernatorial candidate and Secretary of State Jocelyn Benson announced her pick for Lieutenant Governor, Senate Majority Leader Winnie Brinks. Michigan’s major tax collections for July 2026...
Monthly Revenue Increases

Monthly Revenue Increases

Michigan’s major tax collections for July 2026 totaled $3,078.3 million, an increase of $165.8 million from the prior year. Additionally, year-to-date collections are 3.3% higher than the prior fiscal year, according to the latest report from the House Fiscal Agency....
Monthly Revenue Increases

May Revenue Increases

Michigan’s major taxes and net lottery revenue increased last month by 3.8%, totaling $2.7 billion. Projections for the month were approximately $368.4 million above the estimate adopted at the May Consensus Revenue Estimating Conference. Key Points: General Fund...
Revenue Estimating Conference Held

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...
Monthly Revenue Increases

Monthly Revenue Declines Year Over Year

According to the latest report by the Senate Fiscal Agency, March’s major taxes and net lottery revenue declined 11% from the prior year, totaling $1.8 billion. Additionally, the total collection was $18.1 million below January’s Consensus Revenue Estimating...