State Sees Extra Money

By: Associated Press
By: Associated Press

State economists are revising their revenue projections upward.

They say the state should see $69 million more in the current budget year than they predicted in May. They also predict the state will take in nearly $67 million more in the budget year that starts October-first.

The extra money won't make much of a dent in the state's nearly $40 billion annual budget. But it could spare state universities and community colleges nearly $14 million in cuts this year.

The head of the House Appropriations Committee says the extra funds also should ensure that state prisons in Baldwin and Newberry remain open past October 1.


WILX 500 American Road Lansing, MI 48911 517-393-0110
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 1691596 - wilx.com/a?a=1691596
Gray Television, Inc.