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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Detroit revenue recovery on course but economic headwinds loom large
Detroit revised its general fund estimates upward for the current fiscal year at its latest estimating conference Monday.
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
Opinion: GOP lawmakers court fiscal chaos with tax cut scheme
Instead of investing in Michigan's future, state lawmakers are squandering a state surplus on their own re-election.
Source: freep.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: freep.com