Michigan Information & Research Service Inc.
Michigan Information & Research Service Inc.

State Revenue

Blog tagged as State Revenue

Revenue Projections Up $418M From May 

01/16/24 03:33 PM By Team MIRS - Comment(s)
Revenue Projections Up $418M From May 
The state’s revenue numbers aren’t dropping jaws this time around, but projections released Friday have Michigan’s General Fund and School Aid Fund increasing $417.9 million above last May’s projections for the current fiscal year and $146.9 million for Fiscal Year (FY) 2025.

Internet Gaming Exceeds Expectations

09/12/22 04:39 PM By Team MIRS - Comment(s)
Internet Gaming Exceeds Expectations
The House Fiscal Agency predicted $60 million a year from the I-Casino/Sports Betting law. The law's sponsor had it at $100 million.

Michigan Projects $6B Surplus To End 2022

05/23/22 12:13 PM By Team MIRS - Comment(s)
Michigan Projects $6B Surplus To End 2022
(Source: MIRS.news, P 05/20/2022) The Treasury, House Fiscal Agency and Senate Fiscal Agency is projecting Michigan will end 2022 with a $6 billion surplus after meeting today for the Consensus Revenue Estimating Conference.