Sen. Jansen offers comments on state revenue projections
LANSING--The Senate Fiscal Agency, House Fiscal Agency, and state budget office held their annual May Consensus Revenue Estimating Conference on Friday, at which they announced revised estimates of how much money the state is expected to collect for Fiscal Year 2010-11.
Consensus revenue estimates for the state’s General Fund are up $128 million compared with the January 2010 consensus estimate. The School Aid Fund revenue estimate is up $352 million from the January figures.
State Sen. Mark C. Jansen, R-Gaines Township, a member of the Senate Committee on Appropriations, issued the following statement on today’s conference:
“These expected increases in the General Fund and School Aid Fund next year mean good news for schools, families and communities.
“While we are headed in the right direction, it is critical that the Legislature remain vigilant in keeping the state budget balanced. That means no tax increases, which would inflict further damage on this fragile economy.
“Two days ago the Senate sent the final budget bills to the House. We balanced the budget with no new taxes. I urge my colleagues in the House to do likewise and work with us to present a balanced budget no later than July 1.”
Posted: Friday, May 21, 2010
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