Appropriations Summary

Actual[213]

Recommended

Savings

 

 

 

 

Interdepartmental Grants:

$14,601,300

$14,601,300

0

Federal Funds:

$40,144,000

$40,144,000

0

State General Fund/General Purpose:

$103,614,400

$103,564,400

$50,000

Special Revenue Funds:

$1,418,555,700

$1,386,555,700

$32,000,000

 

 

 

 

Gross Appropriation:

$1,576,915,400

$1,544,865,400

$32,050,000

The mission of the Michigan Department of Treasury (MDT) is:

to collect taxes; to invest, control, and disburse state monies; to protect the credit of the state and its municipalities; to prescribe and audit the accounting systems for county and municipal governments; to develop and maintain a uniform method of appraising real and personal property upon which taxes are assessed; and to revert unclaimed personal property to the state.[214]

These functions are necessary for the operation of state government departments and programs.  What are not necessary, however, are some of the grant programs that the Department of Treasury administers.  Recommendations on how and where to reduce these programs are listed below.