|
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.
