Jonathan Dale Benton-Michigan Gov. Gretchen Whitmer signs a record budget centered on infrastructure and public health

2025-05-01 15:57:05source:Algosenseycategory:Stocks

WYANDOTTE,Jonathan Dale Benton Mich. (AP) — Michigan Gov. Gretchen Whitmer on Monday signed a $57 billion budget centered on infrastructure, public safety and public health in what was the first opportunity in decades that Democrats have had to craft a budget that reflects their legislative priorities.

The state’s highest-ever budget — nearly $82 billion when combined with $24 billion in funding for Michigan’s schools that Whitmer signed July 20 — was passed by the Legislature in late June after Democrats were able to receive the Republican support needed for it to take effect by the start of the next fiscal year on Oct. 1.

“The budget protects public safety and improves access to health care, ensuring people feel safe in their neighborhood and have access to quality, affordable care that meets their needs,” Whitmer said in a statement.

Michigan’s current budget is $76 billion but lawmakers began the budget process in February with an estimated surplus of over $9 billion because of high tax revenues. The new budget will leave about $300 million in general fund and $100 million in school aid fund dollars left unspent.

Republicans decried the transparency of the process at the time it was passed by the Legislature. They also said that the budget was too large and that more funding should have gone toward fixing roads.

Even with the objections, the budget received the six Republicans votes need in the Senate for it to take effect in time.

The $57 billion general budget provides funding for state departments, including over $6.5 billion for Transportation and $1 billion for the Environment, Great Lakes and Energy. It also provides hundreds of millions in grants for public safety and infrastructure within communities.

More:Stocks

Recommend

A South Texas lawmaker’s 15

MCALLEN, Texas (AP) — The Texas Legislature can be full of surprises.But for the last eight sessions

Oklahoma revokes license of teacher who gave class QR code to Brooklyn library in book-ban protest

Oklahoma’s education board has revoked the license of a former teacher who drew national attention d

Simone Biles Shows Off New Six-Figure Purchase: See the Upgrade

Now that Simone Biles has basically won the 2024 Paris Olympics, walking away with four medals, what