Introduced
by
The executive recommendation for the Fiscal Year (FY) 2007-2008 Department of Transportation budget. This appropriates $3.365 billion in gross spending, compared to $3.442 billion, which was the FY 2006-2007 amount enrolled in 2006. Of this, $1.200 billion is federal money (mostly from gas taxes), compared to $1.169 billion the previous year. Note: Gov. Jenifer Granholm’s executive budget recommendations are premised on the legislature adopting a 2 percent tax on services which along with other tax increases and a proposed reduction in business taxes represents a net tax hike of approximately $1 billion.
Referred to the Committee on Appropriations
