Appropriations Summary

Actual[1]

Recommended

Savings

Interdepartmental Grants/Transfers

$19,445,300

$19,445,300

$0

Federal Funds

$44,296,100

$33,597,300

$10,698,800

General Fund/General Purpose

$121,080,800

$121,080,800

$0

Special Revenue Funds

$1,776,744,700

$1,352,451,200

$424,293,500

Gross Appropriation

$1,961,566,900

$1,526,574,600

$434,992,300

The mission of the Michigan Department of Treasury is to “provide quality financial, tax, and administrative services.”[2]

These functions are necessary for the operation of state government departments and programs.  What are not necessary, however, are some of the programs that the Department of Treasury administers.