September Revenue Increases Slightly

September Revenue Increases Slightly

Michigan’s major taxes and net lottery revenue totaled $3.8 billion last month, an increase of 0.6% from September 2024. Despite the slight year-over-year growth, collections were approximately $191.8 million less than May 2025 consensus revenue projections. Key...
Last Week on the MLC Blog

Last Week on the MLC Blog

Over the past week, we covered these topics on the MLC Blog… Governor Whitmer signed the state budget for the 2025-2026 Fiscal Year, including $29.8 billion to continue core Medicaid services, $1.8 billion to continue support for community and behavioral health...
Governor Signs Marijuana Wholesale Tax

Governor Signs Marijuana Wholesale Tax

Governor Whitmer signed legislation creating a 24% wholesale tax on marijuana. This was part of the overall budget negotiations this year and accounts for a portion of additional funding for roads and bridges. The new tax is in addition to the 10% excise tax and 6%...
September Revenue Increases Slightly

July Revenue Declines

The Senate Fiscal Agency released July’s revenue report, outlining collections and tax receipts for the month. Most notably, major taxes and net lotter revenue declined 1.6% from July 2024, totaling $2.9 billion. Additionally, that number was around $130.3 million...
June Revenue Grows

June Revenue Grows

Michigan’s major taxes and net lottery revenue totaled $3.3 billion last month, an increase of 8.3% from June 2024. The June 2025 collections came in about $64 million above prior projections, according to the latest report by the nonpartisan Senate Fiscal Agency. Key...