Challenges Ahead Balancing the State Budget – What Could it Mean for State-Funded Public Services

With his signature in mid-July, Governor Snyder put to bed the Fiscal Year 2018 (FY2018) state budget. Eight years removed from the end of the Great Recession and benefitting from an expanding state economy and projected solid revenue growth, this year’...

May’s Consensus Revenue Estimating Conference Lowers General Fund Projections

On May 17, key officials from the House Fiscal Agency, Senate Fiscal Agency, and the Michigan Department of Treasury met for the May 2017 Consensus Revenue Estimating Conference; the latter of two yearly meetings to estimate the state’s economic outlook...

Public School Teacher Pay Relative to Personal Income in Michigan

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While the average pay for teachers in Michigan has declined for several years, using a ratio of teacher pay relative to personal income to standardize across states shows that Michigan teachers are the highest paid in the nation in relative terms. Recent ...