State Budget Updates
Governor Signs Fiscal Year 2023 Omnibus Budget
Governor Gretchen Whitmer signed into law House Bill 5783, the Fiscal Year 2022-23 General Omnibus budget, which funds all state departments and agencies for the next fiscal year beginning October 1, 2022.
The General Omnibus budget, part of a historic $76 billion bipartisan budget agreement, includes $15.2 billion in General Funds. The School Aid budget, signed into law the week of July 11, totaled $17 billion.
Several new, one-time investments were included in the budget agreement that were not built into the budget as on-going items, ostensibly to avoid structural budget challenges in the future. $180 million was deposited into the state’s rainy-day fund, which brings that fund to $1.6 billion – an all-time high.
With billions in federal funds remaining on the table yet to be appropriated, additional action around tax relief and supplemental appropriations measures could come later this summer.
You can find all necessary budget items here.
Michigan Primary Election
Michigan’s primary election will take place on Tuesday, August 2. Candidates for the Michigan House, the Michigan Senate, the U.S. House, the Governor’s office, and several court seats are on the ballot.