Introduced
by
The executive recommendation for the Fiscal Year (FY) 2004-2005 General Government budget, which funds the Attorney General, Civil Rights Department, Civil Service Department, Executive, Legislature, Department of Management and Budget, Department of State, Department of Information Technology, and Department of Treasury. This appropriates $2.030 billion in adjusted gross spending (funded from all sources, including special state restricted fund and federal pass-through dollars, minus interdepartmental transfers), compared to $2.286 billion, which was the FY 2003-2004 amount enrolled in 2003. Of this, $350.8 million will come from the general fund (funded by actual state tax revenues), compared to the FY 2003-2004 amount of $355.1 million. Another $1.625 billion is from “restricted funds,” or earmarked tax and fee revenue. $1.135 billion of this budget is paid out in revenue sharing to local governments. 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
