by Liz Gullett | Apr 18, 2025 | Liz Gullett
Major taxes and net lottery revenue totaled $2 billion last month, an increase of 28.6% from the prior year but $173.7 million less than previous estimates, according to the March 2025 revenue report by the Senate Fiscal Agency. Highlights: General Fund collections...
by Kaylee Gingras | Mar 28, 2025 | Liz Gullett
The below post was written by MLC intern, Luke Bingaman. Last week, Emerson Silvernail, Chief of Staff for State Representative Sarah Lightner, accepted a check on behalf of the State of Michigan for $18.5 million from the Nottawaseppi Huron Band of the Potawatomi...
by Liz Gullett | Jan 10, 2025 | Liz Gullett
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...
by Liz Gullett | Dec 20, 2024 | Liz Gullett
November 2024’s taxes and net lottery revenue increased 10.5% from the prior year, totaling $2.9 billion. This was $147.7 million more than prior projections according to the monthly revenue report by the Senate Fiscal Agency. Key Points: Revenue dedicated to the...
by Liz Gullett | Nov 22, 2024 | Liz Gullett
Revenue from major taxes and net lottery revenue totaled $4.1 billion in October, a 3.5% increase from the prior year. The collections were $7.1 million higher than prior projections. Key Points: General Fund tax collections were $16.7 million less than projected,...
