An analysis of federal funding data from 2013 to 2022 ranks Michigan and 28th nationally in road funding.| Citizens Research Council of Michigan
State economists downgraded projections for state GF/GP revenue – a critical source of discretionary funding within the state budget - at last Friday’s Consensus Revenue Estimating Conference. This comes while a number of critical budget issues are still being debated, including competing road funding proposals and federal reforms within Medicaid and safety net programs that will impact future state budgets. These factors mean the Governor’s February budget proposal will need to be scal...| Citizens Research Council of Michigan
In a Nutshell: Over the last few months, the Trump Administration has taken a number of actions aimed at cutting federal spending on medical and scientific research. These actions include attempts to reduce the maximum amount federal grantees may spend on “indirect costs,” termination of swaths of existing grants, and broader reduction in grants received […]| Citizens Research Council of Michigan
In a Nutshell: Michigan’s state and local governments are wary of proposed federal income tax changes that could increase their borrowing costs. Today, state and local governments can borrow for public infrastructure projects at lower interest rates because investment income from municipal bonds can be excluded from investors’ federal income tax bases. Bonds issued by […] The post Uncertainty in Borrowing Costs May Be Ahead for Michigan’s Local Governments appeared first on Citizens R...| Citizens Research Council of Michigan
Subsequent to the publication of our original analysis on March 19, the Center for Educational Performance and Information provided detailed data related to economically disadvantaged student identification methods for the fall 2023 and fall 2024 student counts. Our analysis now better reflects the reasons behind the student count changes reported in fall 2023 and fall […]| Citizens Research Council of Michigan
In a Nutshell: Paying for Local Community Services The nearly $19 billion in property taxes collected each year funds Michigan’s essential local government services and public schools. And these taxes continue to rise. Since 2013, statewide property taxes have risen an average of four percent year over year. From 2021 to 2022, statewide property tax […]| Citizens Research Council of Michigan
In a Nutshell Michigan House Minority Leader and Speaker-Elect Matt Hall put a jolt into Michigan’s typically quiet November legislative recess with a major new proposal to reallocate revenue to address the state’s crumbling road infrastructure. The proposal seeks to dedicate over $2.7 billion in annual revenue for road repairs without a tax increase by […]| Citizens Research Council of Michigan
In a Nutshell: Michigan’s counties, cities, villages, and townships are breathing a sigh of relief with the passage of next year’s state budget. In Fiscal Year 2025 (FY2025 runs October 2024-September 2025), revenue sharing payments – the sum of those obliged by the state constitution and those approved in the state budget – will increase […]| Citizens Research Council of Michigan