State tax revenue surplus balloons to $9.2B as 'mild recession' looms
Higher-than-expected tax revenue projections could trigger a law that automatically cuts Michigan's personal income rate, state budget experts said.
Source: detroitnews.com
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Michigan tax revenue expected to swell by $6.8 billion through 2024
Michigan's new revenue and economic forecast add billions onto existing surplus projections but officials also warn of looming economic headwinds.
Source: bondbuyer.com
Michigan revenues still soaring, but officials warn of recession risk
Soaring state tax revenues continue to shock forecasters from Michigan's two legislative fiscal agencies. Friday estimates were revised upward by $5B.
Source: battlecreekenquirer.com
Michigan economic outlook predicts revenue to beat expectations by $6.8B
Michigan could beat previous revenue expectations by around $6.8 billion across the current and next couple of fiscal years.
Source: wkar.org
Michigan economic outlook predicts revenue to beat expectations by $6.8B
Michigan is surpassing revenue predictions by billions of dollars for the next couple of fiscal years, according to results of the state's Consensus Revenue Estimating Conference.
Source: michiganradio.org