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February 25, 2022

State Revenue Estimates, Again, Reveal a Growing School Aid Budget Surplus

Michigan’s General Fund and School Aid budgets are poised to finish FY2021 with over $7 billion in the bank, while, based on current-year spending plans across both funds, the FY2022 budgets are also looking at a similar combined year-end surplus.

State Revenue Estimates, Again, Reveal a Growing School Aid Budget Surplus

Michigan’s General Fund and School Aid budgets are poised to finish FY2021 with over $7 billion in the bank, while, based on current-year spending plans across both funds, the FY2022 budgets are also looking at a similar combined year-end surplus.
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