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State Economists Confirm: Budget Cuts Needed to Put Michigan in the Black

The Holland Sentinel reports that although the $12.5 billion budget that covers public K-12 education will be in the black, state Treasurer Jay Rising said he expects the $8.8 billion general fund budget to be around $350 million short in the current fiscal year and about $750 million short in the fiscal year that starts October 1st, 2005 if adjustments aren't made.

More about needed bugets cuts in the Holland Sentinel

Posted/updated Jan 14, 2005
by Andrew McFarlane (Absolute Michigan)

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