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Citizens Research Council: Michigan can’t afford FY 27 budget as-is

legislature.mi.gov
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courtesy photo

The newly signed Michigan budget may overspend between $600M and $900M according to the Citizens Research Council

A new report is questioning whether the state's newly approved budget is actually balanced, as required by the state constitution. 
 
The “Citizens Research Council of Michigan” suggests the recently signed state budget for Fiscal Year 2027 would run a deficit.
 
Researcher Bob Schneider says Michigan’s general fund usually has money left over from past years to handle it. But this year...
 
“Those don’t look like they exist. So based on what we can see, we have a significant $600-900 shortfall.”
 
The “State Budget Office” says the budget is balanced.
 
The state says administrative changes to get there, like lapsing some business incentive funding, aren’t included in budget documents.
 

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