michigan general fund budget http://michiganradio.org en Report: State of Michigan collecting more tax revenues than predicted http://michiganradio.org/post/report-state-michigan-collecting-more-tax-revenues-predicted <p>A new report says Michigan is collecting more in tax revenues than previous guessed.</p><p>The state House Fiscal Agency reports that revenues in the General Fund and School Aid Fund are running nearly 200 million dollars higher than previously estimated for this fiscal year.</p><p>The agency predicts revenues will also be slightly higher in the next fiscal year.</p><p>&ldquo;General Fund revenues are fluctuating more than school aid. It does appear at this time that there may be more money in school aid,&rdquo; says Ari Adler, the spokesman for House Speaker Jase Bolger.&nbsp;&nbsp; &ldquo;But again, these are revenue estimates. We&rsquo;ll know more on Wednesday when they have the final Revenue Estimating conference for this year. And we can get a better handle on how much money we&rsquo;re expected to have.&rdquo;</p><p>Adler says legislative leaders hope to pass a budget for next year by the end of the month. The next fiscal year begins October 1<sup>st</sup>.</p><p> Mon, 14 May 2012 20:44:51 +0000 Steve Carmody 7465 at http://michiganradio.org Report: State of Michigan collecting more tax revenues than predicted