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MICHIGAN

Michigan

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  • Commentary
    • Headlines

      State Budget Shortfalls Update - January 28, 2015

      State Budget Solutions | by Bob Williams | January 28, 2015

      State Budget Solutions is tracking the budget shortfalls, as reported by government agencies and governors in every state. Some of these deficits are immediate problems, while others are long term problems that need to be tackled sooner than later.

    • Headlines : Arizona, California, Illinois, Kansas, Kentucky, Louisiana, Maryland, Michigan, Nebraska, New Hampshire , Pennsylvania, West Virginia

      Williams Report - January 20, 2015

      State Budget Solutions | by Bob Williams | January 20, 2015

      Join us on Twitter today by following @StateBudgets and tweeting with the hashtag #SBSBob.

       

       

    • Research

      Promises Made, Promises Broken 2014: Unfunded Liabilities Hit $4.7 Trillion

      State Budget Solutions | by Joe Luppino-Esposito | November 12, 2014

      State Budget Solutions' latest research reveals that state public pension plans are underfunded by $4.7 trillion, up from $4.1 trillion in 2013. Overall, the combined plans' funded status has dipped three percentage points to 36%. Split among all Americans, the unfunded liability is over $15,000 per person. 

       

    • Headlines : California, Kansas, Kentucky, Michigan, New Hampshire , North Carolina , Maryland, Minnesota, Maine , Nevada, Virginia, Washington

      Williams Report - October 6, 2014

      State Budget Solutions | by Bob Williams | October 6, 2014

      Join us on Twitter today by following @StateBudgets and tweeting with the hashtag #SBSBob.

    • Research

      Common Core Costs: Examining California's Five Largest School Districts

      State Budget Solutions | by Hannah Oh | September 16, 2014

      There seems to be an endless amount of controversy surrounding the Common Core. Vocal supporters and critics are not hard to find. This report suggests that there is another point of contention to consider: the costs of the technology upgrades required to implement Common Core.

    • Budget timeline: Annual

      Fiscal Year starts: October 1

      The current state budget can be found here.

      Find the legislative session calendar here.

      Find the current legislative leaders here.

       

      MI Gov Snyder

      Gov. Rick Snyder
      P.O. Box 30013
      Lansing, MI 48909
      Phone: (517) 373-3400
      Fax: (517) 335-6863
      http://www.michigan.gov/gov

       

       

       

       

      John Nixon, Director
      Office of the Budget
      111 South Capitol, 6th Floor
      Lansing, MI 48913
      Phone (517) 373-7560
      Fax (517) 241-5428
      http://www.michigan.gov/budget

       

      Want a more robust, long-term look at your state's fiscal health, beyond the budget? There are two parts: Click here for the FY2011 Comprehensive Annual Financial Report (CAFR) compiled by the state government, and click here for information on the state's pension liabilities

       

      Michigan is required to pass a "balanced budget." According Article III, Section 52 of the 1867 Constitution, in the budget the governor submits, the balance for total appropriations shall not exceed the balance of total revenues. Neither the governor nor the general assembly shall cause the total appropriations to exceed total revenues. Michigan law forbids the carrying over of a deficit from one year to the next. Even with these requirements, the State reported budget deficits (negative net transactions) on the CAFR's Budgetary Comparison Schedule for each of the years reviewed.

       

      The State maintains five governmental funds: (major) the General Fund and the Department of Transportation-Special Revenue Fund, and (non-major, which are combined for reporting purposes) the debt service fund, the debt service fund for transportation revenue bonds and the capital projects fund. Michigan budgets on a cash basis. Funds that are budgeted include: the General, Special Revenue, and Federal funds. Most, but not all funds, are budgeted.

       

      There are no statutory requirements that govern what kinds of assumptions can be made about revenue or expenses, and so the Michigan budget may be "unbalanced" in different ways in different years. [from the Institute for Truth in Accounting]

       

      Find the state's bond ratings here.

       

       

      Mackinac Center logo

    • Solutions

      How Reality-Based Budgeting Can Permanently Resolve State Budget Gaps

      State Budget Solutions | by Bob Williams | November 7, 2012

      State Budget Solutions recommends that state legislators take action in 2013 to resolve the serious state financial crises by changing their focus from inputs to outcomes by redesigning budgets from the ground up based on priorities and performance.

    • Solutions

      How to Prevent Future Pension Crises

      by Cory Eucalitto | November 1, 2012

      The time for state and local governments to offer defined contribution retirement plans that protect both taxpayer dollars and public employee retirement security is now.

    • Solutions

      State Lawmaker’s Guide to Evaluating Medicaid Expansion Projections

      The Heritage Foundation | by Edmund F. Haislmaier and Drew Gonshorowski | October 17, 2012

      Supporters of Obamacare claim that expanding Medicaid will entail little to no cost to state governments, since the federal government will fund the vast majority of the additional costs. Indeed, some analyses project states achieving savings from adopting the expansion. However, state lawmakers should be wary of accepting such analyses at face value.

    • Solutions

      Medicaid Is Broken—Let the States Fix It

      The Wall Street Journal | by Paul Howard and Russell Sykes | October 15, 2012

      Block-granting Medicaid is the best way to deliver better, cost-effective care to the most vulnerable Americans.

    • Solutions

      The Case for Reform: Prisons

      Right on Crime | August 1, 2012

      Prisons are supremely important, but they are also a supremely expensive government program, and thus prison systems must be held to the highest standards of accountability.

    • Headlines

      State Budget Shortfalls Update - January 28, 2015

      State Budget Solutions | by Bob Williams | January 28, 2015

      State Budget Solutions is tracking the budget shortfalls, as reported by government agencies and governors in every state. Some of these deficits are immediate problems, while others are long term problems that need to be tackled sooner than later.

    • Headlines : Arizona, California, Illinois, Kansas, Kentucky, Louisiana, Maryland, Michigan, Nebraska, New Hampshire , Pennsylvania, West Virginia

      Williams Report - January 20, 2015

      State Budget Solutions | by Bob Williams | January 20, 2015

      Join us on Twitter today by following @StateBudgets and tweeting with the hashtag #SBSBob.

       

       

    • HEADLINES: Arizona, California, Illinois, Kansas, Kentucky, Louisiana, Maryland, Michigan, Nebraska, New Hampshire , Pennsylvania, West Virginia

      Williams Report - January 20, 2015

      State Budget Solutions | by Bob Williams | January 20, 2015

      Join us on Twitter today by following @StateBudgets and tweeting with the hashtag #SBSBob.

       

       

    • Arizona, California, Illinois, Kansas, Kentucky, Louisiana, Maryland, Michigan, Nebraska, New Hampshire , Pennsylvania, West Virginia

      Williams Report - January 20, 2015

      State Budget Solutions | by Bob Williams | January 20, 2015

      Join us on Twitter today by following @StateBudgets and tweeting with the hashtag #SBSBob.

       

       

    • Research

      Promises Made, Promises Broken 2014: Unfunded Liabilities Hit $4.7 Trillion

      State Budget Solutions | by Joe Luppino-Esposito | November 12, 2014

      State Budget Solutions' latest research reveals that state public pension plans are underfunded by $4.7 trillion, up from $4.1 trillion in 2013. Overall, the combined plans' funded status has dipped three percentage points to 36%. Split among all Americans, the unfunded liability is over $15,000 per person. 

       

    • RESEARCH

      Promises Made, Promises Broken 2014: Unfunded Liabilities Hit $4.7 Trillion

      State Budget Solutions | by Joe Luppino-Esposito | November 12, 2014

      State Budget Solutions' latest research reveals that state public pension plans are underfunded by $4.7 trillion, up from $4.1 trillion in 2013. Overall, the combined plans' funded status has dipped three percentage points to 36%. Split among all Americans, the unfunded liability is over $15,000 per person. 

       

    • Promises Made, Promises Broken 2014: Unfunded Liabilities Hit $4.7 Trillion

      State Budget Solutions | by Joe Luppino-Esposito | November 12, 2014

      State Budget Solutions' latest research reveals that state public pension plans are underfunded by $4.7 trillion, up from $4.1 trillion in 2013. Overall, the combined plans' funded status has dipped three percentage points to 36%. Split among all Americans, the unfunded liability is over $15,000 per person. 

       

    • Headlines : California, Kansas, Kentucky, Michigan, New Hampshire , North Carolina , Maryland, Minnesota, Maine , Nevada, Virginia, Washington

      Williams Report - October 6, 2014

      State Budget Solutions | by Bob Williams | October 6, 2014

      Join us on Twitter today by following @StateBudgets and tweeting with the hashtag #SBSBob.

    • HEADLINES: California, Kansas, Kentucky, Michigan, New Hampshire , North Carolina , Maryland, Minnesota, Maine , Nevada, Virginia, Washington

      Williams Report - October 6, 2014

      State Budget Solutions | by Bob Williams | October 6, 2014

      Join us on Twitter today by following @StateBudgets and tweeting with the hashtag #SBSBob.

    • California, Kansas, Kentucky, Michigan, New Hampshire , North Carolina , Maryland, Minnesota, Maine , Nevada, Virginia, Washington

      Williams Report - October 6, 2014

      State Budget Solutions | by Bob Williams | October 6, 2014

      Join us on Twitter today by following @StateBudgets and tweeting with the hashtag #SBSBob.