Revenue estimating projects a surplus. Now what to do with it.

In a nutshell: Economic growth is expected to continue at the same slow pace. Revised General Fund and School Aid Fund projections increase state revenues by about $500 million over the next two years; a 1 percent increase. Attention turns to the legislat...

May’s Consensus Revenue Estimating Conference Lowers General Fund Projections

On May 17, key officials from the House Fiscal Agency, Senate Fiscal Agency, and the Michigan Department of Treasury met for the May 2017 Consensus Revenue Estimating Conference; the latter of two yearly meetings to estimate the state’s economic outlook...