This week, the House Fiscal Agency (HFA) released updated budget material for the FY 2016-17 year which begins on October 1. The State Budget Overview Background Briefing document includes information on the long-term economic, revenue and budget trends; major FY 2016-17 budget changes; and the budget outlook for future budget years. The Budget Background Briefings for FY 2016-17 contains an overview of appropriations, sources of funding, state spending and major budget topics for each department or budget area. The two documents can be found respectively online at http://www.house.michigan.gov/hfa/PDF/Briefings/State_Budget_Overview_BudgetBriefing_fy16-17.pdf and http://www.house.michigan.gov/hfa/briefings.asp
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