In an otherwise flat budget proposal, some good news for schools

In a nutshell: Slow growth is the new normal Stronger economy = more sales tax revenue = more money for schools Some fresh cash for road repairs, but at the General Fund’s expense Governor Rick Snyder officially kicked off the state budget process b...

Oops! Congress raised your state taxes. How does the Legislature propose to fix this?

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 ...

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 benefiting from an expanding state economy and projected solid revenue growth, this year’s...