Introduced
by
The executive recommendation for the Fiscal Year (FY) 2005-2006 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 $2.648 billion in unadjusted gross spending (funded from all sources, including special state restricted fund and federal pass-through dollars), compared to $2.597 billion, which was the FY 2004-2005 amount enrolled in 2004. Of this, $336.2 million will come from the general fund (funded by actual state tax revenues), compared to the FY 2004-2005 amount of $335 million. Another $1.674 billion is from “restricted funds,” or earmarked tax and fee revenue, compared to $1.633 billion enrolled last year, which is a $41 million increase. $1.121 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
