Introduced in the House on March 18, 2003, the House version of a Fiscal Year (FY) 2003-2004 Capital Outlay budget. (Note: Gov. Jennifer Granholm’s proposed a capital outlay budget in
House Bill 4411 .)This appropriates $571.0 million in adjusted gross spending. Of this, $281.3 million will come from the General Fund (funded by actual state tax revenues). Most of the money is used to service the bonded indebtedness on earlier state construction projects. Some $200 million is for airport safety and protection, and $148 million of this is federal money. Much more information on Michigan’s budget is available at
Hot Topics: Michigan’s Budget Challenge at www.mackinac.org/4964
The vote was 106 in favor, 0 opposed and 4 not voting
(House Roll Call 521 at House Journal 72)
Click here to view bill details.