Introduced by Rep. Tupac Hunter D- on March 19, 2003
The executive recommendation for the Fiscal Year (FY) 2003-2004 Capital Outlay budget. This appropriates $593.0 million in adjusted gross spending (funded from all sources, including special state restricted fund and federal pass-through dollars, minus interdepartmental transfers), compared to $573.2 million, which was the FY 2002-2003 amount enrolled in 2002, excluding any supplemental appropriations, line-item vetoes, or later cuts. Of this, $306.3 million will come from the General Fund (funded by actual state tax revenues), compared to the FY 2002-2003 amount enrolled in 2002 of $304.4 million. Much more information on Michigan’s budget is available at Hot Topics: Michigan’s Budget Challenge at www.mackinac.org/4964. Official Text and Analysis.
Referred to the House Appropriations Committee on March 19, 2003