Introduced
by
The executive recommendation for the Fiscal Year (FY) 2007-2008 higher education budget for “non-research” universities, meaning all four-year state universities except U of M, MSU, and Wayne State. This appropriates $852.6 million in gross spending. Of this, $720.8 million will come from the general fund (funded by actual state tax revenues). 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