Total Budget Savings and Revenue Enhancements by Category
Total Budget Savings and Revenue Enhancements by Category
|
General Fund/General Purpose Recommendations |
$1,527,814,522 |
|
State Revenue Sharing from Special Revenue |
$344,665,000 |
|
Sale of State Fair Grounds |
$59,600,000 |
|
Sale of Ralph A. MacMullan Conference Center Property |
$10,000,000 |
|
DNR State Park Fee Increase |
$25,280,155 |
|
Strategic Fund Revenue Supplemental Appropriations* |
$5,856,000 |
|
Life Science Corridor Initiative |
$45,000,000 |
|
Indian Gaming Compact Revenue** |
$11,500,000 |
|
TOTAL SAVINGS |
$2,029,715,677 |
*The Strategic Fund received additional funding after its original budget had been passed. The $5.8 million is the GF/GP component of the supplemental funding.
**With the elimination of the Michigan Economic Development Corporation, revenue generated from the state’s Indian Gaming Compact could be redirected to the GF/GP component of the state budget.
Recommendations to Strengthen Civil Society and Balance Michigan's State Budget
