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The 2025 fiscal year begins Oct. 1. Michigan's Legislature worked at a historic speed last year to pass pent-up policy demands after Democrats gained full control of the state government for the ...
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 ...
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 ...
The panic induced by this year's state education budget ... where the number of English Learners has increased from 20 students in 2015-16 to 30 in the 2023-24 school year, a 50% increase ...
A constitutional amendment authorizing the state to borrow up to $100,000,000 (equivalent to $1,137,391,304 in 2023) for loans to school districts Passed 455,868 (54.40%) 382,093 (45.60%) Proposal 4 A constitutional amendment providing for a bipartisan board of state canvassers Passed 456,986 (60.59%) 297,250 (39.41%)
The United States federal budget for fiscal year 2023 ran from October 1, 2022, to September 30, 2023. The government was initially funded through a series of three temporary continuing resolutions. The final funding package was passed as an omnibus spending bill, the Consolidated Appropriations Act, 2023.
The supplemental spending bill for the fiscal year that begins Oct. 1, House Bill 5503, was approved by a conference committee Wednesday and later passed the full House in a 98-11 vote.
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.