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The state earned nearly $614M in interest during the 2023 fiscal year and is on track to take in close to that this year, records show. Michigan has extra $235 million to spend in budget thanks to ...
In the table, the fiscal years column lists all of the fiscal years the budget covers and the budget and budget per capita columns show the total for all those years. Note that a fiscal year is named for the calendar year in which it ends, so "2022-23" means two fiscal years: the one ending in calendar year 2022 and the one ending in calendar ...
In Michigan, the inequality in per-pupil based funding has decreased after Proposal A's passage. [9]: 23 Before Proposal A was approved, 80% of Michigan school operating funds came from local property taxes. This funding structure was the main cause of unequal funding, because property values differed across local districts.
Education spending of countries and subnational areas by % of GDP ; Location % of GDP Year Source Marshall Islands 15.8 2019 [1] Cuba 11.5 2020 [2] Micronesia 10.5 2020 [2]
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Gov. Gretchen Whitmer (D-Mich.) Tuesday signed a $24.3 billion education budget for fiscal 2024 that her office is hailing as “historic.” The new budget ensures all public school students get ...
In 2021/22 the Western Cape Provincial government received a total budget of just under R 72.35 billion with 74% (R54.445 billion) of that in the form of "equitable shares" from the national government budget, 18% (R13.53 billion) in the form of "conditional grants" from national government, 4% in "financing", 3% from the provinces own receipts ...
The statement follows an IMF visit to South Africa in early July to conduct a "post-financing assessment" after its $4.3 billion loan to the country in 2020 to help it fight the impact of the ...