Tuesday, July 01, 2014

Are you one of Michigan's "winners"?------Winners and losers in Michigan's $52.3B budget: Remember all that talk about tax cuts?

Winners and losers in Michigan's $52.3B budget: Remember all that talk about tax cuts? | MLive.com: "WINNERS
Universities: Michigan universities will see a 5.9 percent boost for fiscal year 2015, bringing them closer but not all the way back to funding levels cut in 2011. Tuition is unlikely to increase more than 3.2 percent, as universities could jeopardize funding if they exceed that level. Grand Valley will see the biggest funding bump because it met certain performance goals, while Wayne State will see the smallest. 


Lower-funded schools: K-12 school districts will receive a $50 per-pupil increase in their foundation allowance, but some schools that had been on the low end of the funding spending spectrum will receive up to $125 more. Supporters say the "equity payments" will close the funding gap between districts, but critics say the money will disproportionately benefit charter and cyber schools, which have lower overhead costs so receive less money.

Local governments: Local communities are poised to see significant revenue sharing increases under the 2015 budget without having to jump through as many hoops. Total revenue sharing payments to cities, villages, townships and counties will rise by roughly 7.4 percent, or $1.2 billion, next year. That's less than Snyder proposed, but local leaders have praised the budget because it did away with some requirements of the Economic Vitality Incentive Program, which replaced traditional statutory revenue sharing in 2012.

Public safety: The budget makes a significant investment in public safety, with $46.6 million set aside to train 100 state police troopers, 31 motor carrier officers, 25 conservation officers and update a communications system. There's also about $5 million for a new police helicopter that will aid ground patrols and $6.8 million to enhance cyber-security efforts.

Film incentives: Michigan will set aside another $50 million to woo film makers in 2015 despite a push by Snyder to halve the incentive program. Senate Majority Leader Randy Richardville, R-Monroe, had sought to increase film incentive funding and said earlier this month that he may still push for changes in the program designed to provide long-term stability for the industry."

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