A proposal moving through the House to provide billions toward economic development during the next decade is facing steep obstacles between Democratic opposition and a coalition of school groups tying the plan to their objection to the budget's change in other post-employment benefits.
The results of the May Consensus Revenue Estimating Conference were "boring" State Treasurer Rachael Eubanks said Friday, and that's a good thing.
Governor Gretchen Whitmer's proposed 2024-25 fiscal year budget is designed to build on the new and expanded state-funded programming and services established during the pandemic-fueled revenue surge but with more modest increases.
Budget Director Jen Flood told the head of the Department of Education the time has passed for the agency to be in the planning stages of administering literacy grant dollars, and it is now time to act.
State revenue for the current and next fiscal years was revised upward on Friday by officials with the Department of Treasury, the House Fiscal Agency and the Senate Fiscal Agency but by a much smaller number than the cash surges of recent years.