Editorial

Despite Media Reports, Michigan's Revenues are Increasing

The excerpt from the Susan Demas column with the inaccurate claim the state revenues are running lower.

MLive columnist Susan Demas inaccurately reported in a column about the state budget about the state’s General Fund: “Revenues are running lower for next year to the tune of $532 million.”

ForTheRecord says: Michigan’s General Fund is getting more revenue. Not less. An official state Revenue Estimating Conference consensus last week projects General Fund revenue to increase from $9.85 billion to $10.08 billion from fiscal year 2014-15 to FY 2015-16. These projections are down from an earlier estimate but they continue to show increased revenue for the state’s General Fund.