Oops! Congress raised your state taxes. How does the Legislature propose to fix this?
- Jordon Newton
- January 29, 2018
- Blog, Michigan Legislature, State Finances, Taxation
- Comments 0
In a nutshell: Federal tax reform removed Michigan’s personal exemption The Legislature wants to restore and increase the exemption Budget concerns could create problems When President Trump signed the Tax Cut and Jobs Act[1] (TCJA) into law, it ...
Michigan’s Fiscal Future
- crc
- April 8, 2016
- Blog
- Comments 0
Over CRC’s 100 year history, it has made an outsized impact for such a small organization. This is the third in a series of blog posts highlighting CRC’s top projects and reports since its inception in 1916. Michigan’s Fiscal Future was the last i...
Charterized School District Needs State Loan to Avoid Mid-Year Deficit
- Craig Thiel
- April 30, 2014
- Blog, Education, Public Finance
- Comments 0
UPDATED: May 7, 2014 (see below) It appears that a state-appointed emergency manager and private management of an academically and financially struggling school district has not been the answer in the Muskegon Heights community. The chronically ailing...
Detroit School District Finances
- crc
- March 19, 1970
- Education, Public Finance, Publications
- Comments 0
DETROIT SCHOOL DISTRICT FINANCES Council Comments No. 829, March 19, 1970 On January 27, 1970, seven months after the beginning of the fiscal year, the Detroit board of education passed a budget for the 1969-70 year which contemplates a $16 million defici...