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...

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...