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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 ...
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 year 2023. Figures do not include state-specific federal spending, or transfers of federal funds.
The votes to pass the $83 billion budget for the fiscal year starting Oct. 1 came around 5 a.m., mostly along party lines in both legislative chambers, where Democrats hold a slim majority. It now ...
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.
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.
Article IV, Section 3, Michigan Constitution: Salary: $71,865/year + expenses: ... 2023–2025 54 56 ... Fiscal analysts review the governor's budget recommendation ...
In February, Whitmer proposed an $80.7 billion budget for the fiscal year that starts Oct. 1. This week, the House and Senate each passed their own versions of the budget. ... At more than $80B ...
The Office of Budget and Planning reports that student tuition and fees are the largest funding source, contributing $135.3 million to the General Fund, which accounts for 70.46% of the total operating budget. [58] In the fiscal year 2022–23, the State of Michigan provided $28.18 million to the university, which represents 14.67% of its total ...