Blog categorized as Budget

Education Board Debates MiLEAP As Proposed Budget Slashes MDE Funds

02/14/24 11:17 AM - By Team MIRS - Comment(s)
Education Board Debates MiLEAP As Proposed Budget Slashes MDE Funds
The State Board of Education tabled a resolution Tuesday that would oppose portions of the Fiscal year 2025 budget proposed by Gov. Gretchen Whitmer and heard highlights that would pull literacy supports from the department.

Tipping Fee Increase Top Line Of EGLE Budget Presentation

02/14/24 10:49 AM - By Team MIRS - Comment(s)
Tipping Fee Increase Top Line Of EGLE Budget Presentation
A top line of the Department of Environment, Great Lakes and Energy’s (EGLE) budget presentation before the House Appropriations Subcommittee Tuesday focused on landfill tipping fee increases, which would bring in an additional $80 million and create 36 full-time jobs.

$21B Pre-Paid For Retiree Benefits But Total Debt Didn't Drop Much

02/12/24 04:34 PM - By Team MIRS - Comment(s)
$21B Pre-Paid For Retiree Benefits But Total Debt Didn't Drop Much
During Wednesday's budget presentation, Gov. Gretchen Whitmer trumpeted that her administration will have paid off $21 billion in public employees and school employee retirement debt by the end of Fiscal Year 2025, according to Department of Technology, Management and Budget numbers.

Gov. Wants $670M In MPSERS Payments For Education

02/05/24 11:44 AM - By Team MIRS - Comment(s)
Gov. Wants $670M In MPSERS Payments For Education
While projecting the state's retiree healthcare system for teachers to be 100 percent funded in its next valuation, Gretchen Whitmer wants to redirect $670 million in otherwise additional public school retirement debt payments to other K-12 priorities for Fiscal Year (FY) 2025.

Fund MI Future Director: We Need $10B In New Revenue For Infrastructure

11/29/23 10:25 AM - By Team MIRS - Comment(s)
Fund MI Future Director: We Need $10B In New Revenue For Infrastructure
MoReno Taylor II, the executive director of the Fund MI Future coalition, would "comfortably say" Michigan needs $10 billion in additional revenue, annually, to address all of Michigan's public infrastructure and education needs.