2003 House Bill 4032 ↩

House Roll Call 55: Passed

A supplemental budget bill with spending revisions needed to balance Fiscal Year 2002-2003 spending with lower-than-expected tax collections. The bill contains a number of spending cuts, and several revenue source transfers which shift program funding from the state General Fund (actual state tax revenues) to restricted funds (including tobacco settlement funds), or to (hoped for) federal money. On balance, the bill cuts $7.8 million in General Fund spending, and adds or transfers $41.8 million in spending authorizations from other sources. Among the cuts are $1.8 million from the legislature’s budget and $1.1 million from the judiciary. The House added $24 million from a restricted state trunkline Critical Bridge Fund to pay for local bridge projects. This transfer had been vetoed by Gov. John Engler, who recommended an $18 million transfer. Much more information on Michigan’s budget is available at <a href="http://www.mackinac.org/4964">Hot Topics: Michigan’s Budget Challenge</a> at www.mackinac.org/4964.