Thinking about Michigan’s state and local government financial future

LesCapitolSomethingMI

A recent webinar put on by the Citizens Research Council shed some light on the financial future of Michigan’s state and local governments.

Presenting on this topic were: Eric Lupher, President; Jill Roof, Local Government; Craig Thiel, Research Director/School Finance; Jordon Newton, State Finance; and Tim Michling, Health Policy.

The issues covered and timestamps in which they appear in the presentation include:

  • Size of the budget challenge (11:30)
  • Compared to recent recessions – General Fund (15:20) School Aid Fund (17:10)
  • How the rainy day fund will help (18:00)
  • Increased demand for some services (20:30)
  • How to fill a hole this big (23:10)
  • Where are we in the budget process? (25:30)
  • Where does state tax dollars go? (28:00)
  • Impact on the School Aid Fund and school districts (28:50)
  • Impact on state revenue sharing (37:00)
  • Impact on highway funding (40:00)
  • Impact on property values and property tax revenues (41:00)
  • Impact on city income tax revenues (45:05)
  • The public health apparatus (45:40)
  • Question and Answer session (50:50)

You can view the full presentation here (presentation slides are also available below the video):

View Presentation Slides: https://ruralinsights.org/wp-content/uploads/2020/05/state_local_finance_webinar-28Apr2020.pdf

 

This presentation was originally published at https://crcmich.org/event/thinking-about-michigan-state-and-local-government-financial-future.

David Haynes

Professor David Haynes is a tenured Professor of Public Administration and teaches in the MPA graduate program at Northern Michigan University, where he previously served as President. David has been involved in the public administration and political science field for over 45 years.

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