Early this morning, the House and Senate voted to approve of a massive $76 billion state budget for the upcoming 2023 Fiscal year, beginning on October 1. Prior to passage, the legislative leaders, along with Governor Gretchen Whitmer and State Budget Director Chris Harkins, issued joint statements on the budget deal. Aspects within the budget including funding to bring the state’s Budget Stabilization Fund to its highest level of nearly $1.6 billion, the highest per-pupil funding at $9,150, and $110 million for the Michigan Reconnect and Going Pro programs.
Additional aspects within the state budget includes:
Despite the increased appropriations, there remains $7 billion in unspent funds. The budgets will be sent to Governor Whitmer for her consideration.
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