2004 Senate Bill 1067 ↩

Senate Roll Call 188: Passed

The Senate version of the Fiscal Year (FY) 2004-2005 higher education budget. (Note: Gov. Jennifer Granholm’s proposed budget for this department is <a href="http://www.michiganvotes.org/2003-SB-1042">Senate Bill 1042</a>.) This appropriates $1.698 billion in adjusted gross spending (funded from all sources, including special state restricted fund and federal pass-through dollars, minus interdepartmental transfers), compared to $1.789 billion, which was the FY 2003-2004 amount enrolled in 2003. Of this, $1.603 billion will come from the general fund (funded by actual state tax revenues), compared to the FY 2003-2004 amount of $1.632 million. The Senate version authorizes approximately $66.6 million more in gross spending than the governor recommended. This includes $64.7 million for state scholarships to students at private colleges, which the governor recommended cutting. The Senate version contains the governor's tuition restraint proposal, which promised the partial restoration of 2003 cuts for colleges that keep tuition increases below the rate of inflation. 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.