Michigan's government budget situation improving - WNEM TV 5

Michigan's government budget situation improving

LANSING, Mich. (AP) - Decision-makers in Michigan's state government soon should have a better idea of how much money will be available to plan the next state budget.

The state treasurer and directors of the House and Senate fiscal agencies are scheduled to meet Friday to estimate how much revenue the state will take in this fiscal year and next fiscal year. After a decade of deficits, Michigan is expected to head into the next budget year on relatively solid footing.

More revenue has come into state government than revenue estimators expected when they last met in May. The size of the surplus will be decided based on numbers agreed upon Friday.

Gov. Rick Snyder is expected to detail his next state budget plan on Feb. 9.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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