Michigan officials caution against budget plans - WNEM TV 5

Michigan officials caution against budget plans

LANSING, Mich. (AP) - Gov. Rick Snyder's administration says it would be premature to make plans to spend a likely surplus from the budget year that ended Sept. 30.

Some estimates show the state could have more than $800 million in the general fund and school-aid fund. Final numbers won't be settled for a few weeks.

Republicans who control the Michigan Legislature say there's really not much of a surplus when spending and income projections are taken into account for the next two fiscal years.

Snyder, also a Republican, may have plans of his own for the money as he works to unveil the next budget in February.

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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