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Report 349 ( May 2008 ) 152 pages

Michigan’s Fiscal Future

The Citizens Research Council of Michigan projects that Michigan’s budget challenge will continue to grow through Fiscal Year 2017 (FY17) because virtually every area of the State budget faces spending pressure increases that outpace projected revenue growth. This “structural deficit” will persist even as the economy improves.
Report 349 ( May 2008 ) 152 pages

Michigan’s Fiscal Future

The Citizens Research Council of Michigan projects that Michigan’s budget challenge will continue to grow through Fiscal Year 2017 (FY17) because virtually every area of the State budget faces spending pressure increases that outpace projected revenue growth. This “structural deficit” will persist even as the economy improves.

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