LANSING, Mich., Jan. 12, 2024 — Representatives from the State Budget Office and the House and Senate fiscal agencies met today for the first Consensus Revenue Estimating Conference of the year. During the conference, economists projected that Michigan has nearly $420 million more in revenue for the 2024 fiscal year than originally projected. In response, state Rep. Angela Witwer (Delta Township), chair of the House Appropriations Committee, issued the following statement:
“I’m thrilled to say that we have confirmed a budget surplus for the state of Michigan this year — undoubtedly a testament to the strategic and thoughtful investments made by House Democrats and our commitment to the prosperity of our state and its people. We not only repealed the retirement tax, but also expanded the working families tax credit and used one-time dollars to fund the cost of crucial programs over many years into the future. As chair of this committee, I’m proud of the collective efforts that made this possible. We’ll only continue maximizing every dollar to put Michiganders first.”
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