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March 5, 2021
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STATE BUDGET
(2007-01-17)
(wgvu) - MICHIGAN GOVERNMENT AND SCHOOL OFFICIALS SHOULD GET A BETTER HANDLE ON THE STATE'S FINANCIAL CRUNCH AFTER
TOMORROW'S REVENUE-ESTIMATING CONFERENCE AT THE CAPITOL.
THE SENATE FISCAL AGENCY PROJECTS AN
$857 MILLION-DOLLAR SHORTFALL IN THE STATE'S GENERAL AND SCHOOL FUNDS.
THAT COULD AFFECT AT LEAST SOME OF THE ADDITIONAL $210 PER STUDENT THEY'RE SCHEDULED TO RECEIVE FROM THE STATE.
SCHOOLS COULD LOSE THAT MONEY UNLESS REVENUES PICK UP OR GOVERNOR GRANHOLM AND LAWMAKERS AGREE TO AN ALTERNATIVE PLAN.
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