Budget Proposal May Mean Changes For Tax Credits

By: Jennifer Weaver Email
By: Jennifer Weaver Email

Volunteers of America runs several different programs to support homeless and veteran populations in the tri-county area and with increased need they say they still have a lot of money to raise to make it through the fiscal year.

"The family hotel/motel which is the last gap to keep people off the streets was up 200 percent this year," Patrick Patterson, the Vice-President of Operations said.

Patterson says with increased numbers every penny counts.

"With the increases we have seen across our programs, I'm just not good with any sort of cuts in funding at this point," Patterson said.

And the cuts proposed in Snyder's budget are varied and abundant, including a recommendation that certain income tax credits be eliminated.

"We're not in favor of tax expenditures, tax credits, my view is people should be looking at those as appropriations," Snyder said in an address regarding the budget.

Eliminating these credits could affect the amount of money tax payers are credited for their charitable contributions to organizations like Volunteers of America.

Michigan is facing a $1.4 billion dollar shortfall for fiscal year 2012 and that means big changes for the state. Snyder's hope is to create a plan that is revenue neutral.

"There are always alternatives in a plan but one of the toughest things is making the decision that your going to take a plan and stick with it and make it happen," Snyder said.

Snyder's budget is currently in committee.

WILX 500 American Road Lansing, MI 48911 517-393-0110
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 117032733 - wilx.com/a?a=117032733
Gray Television, Inc.