House Appropriations Committee Chairman Rep. Thomas Albert says work is continuing on the state’s budget for the 2023 Fiscal Year that begins October 1. Rep Albert notes the $74 billion spending plan reflects a healthy state balance sheet, but adds that he remembers that the state is spending taxpayer dollars.
House Appropriations Committee Chair Thomas Albert talks about passage this week of the House version of the 2023 state departmental budgets that originated in the House. Chairman Albert says extra funds were put into paying down debt and savings, and that he cannot say what the Governor will approve or line item veto.
Rep. Thomas Albert, chair of the Michigan House Appropriations Committee, issued the following statement after today’s Consensus Revenue Estimating Conference: “Keep in mind these are simply revenue projections – not actual money in the bank. With all of the uncertainty in the economy, we must be careful – it would be a mistake to make […]
The House of Representatives today completed votes on its proposal for the state’s next budget year – leaving room for $1 billion in tax relief, paying off more long-term debt, and investing in schools and other services needed to move Michigan forward.