Reconcilable Differences – Towards Completion of the FY2013 State Budget
State Budget Note 2012-02 ( May 2012 ) 7 pages
Recently, the framework for next year’s state budget (fiscal year 2013) began to take shape when both legislative chambers passed their respective spending plans. Eyeing a June 1 deadline, both chambers have offered their responses to Governor Snyder’s Executive Budget issued in February. Both legislative proposals reduce the General Fund appropriation recommendation included in the Executive Budget. Although the proposals share some key similarities, there are key differences in a number of areas, including funding for K-12 education.