by Liz Gullett | May 15, 2026 | 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 | Apr 24, 2026 | Liz Gullett
This week, a major property tax reform package aimed at lowering costs was introduced in the Michigan House of Representatives. Nicknamed HELP US (House Effectively Lowering Property Taxes and Utility Payments), the sponsors state their plan will cut nearly $5 billion...
by Liz Gullett | Apr 17, 2026 | Liz Gullett
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...
by Liz Gullett | Feb 13, 2026 | Liz Gullett
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...
by Kaylee Gingras | Jan 16, 2026 | Liz Gullett
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...
