Introduced
by
The executive recommendation for the Fiscal Year (FY) 2003-2004 Department of Education budget. This appropriates $111.8 million in adjusted gross spending (funded from all sources, including state restricted fund and federal pass-through dollars, minus interdepartmental transfers), compared to $213.3 million, which was the FY 2002-2003 amount enrolled in 2002, excluding any supplemental appropriations, line-item vetoes, or later cuts. Of this, $29.3 million will come from the General Fund (funded by actual state tax revenues), compared to the FY 2002-2003 amount enrolled in 2002 of $27.8 million. Much of the difference in gross funding is because of the phasing out of certain federal programs, and the transfer of other funding directly to the K-12 school aid budget. Much more information on Michigan’s budget is available at <a href="http://www.mackinac.org/4964">Hot Topics: Michigan’s Budget Challenge</a> at www.mackinac.org/4964.
Referred to the Committee on Appropriations
