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  • State Budget

    Michigan Business Development Policy Shift – MEGA vs. MBDP

    The Legislature’s ongoing budget discussions have dramatically shifted in tone since economic forecasters revealed that businesses with tax agreements under the Michigan Economic Growth Authority (MEGA) are submitting much higher claims than originally anticipated. The shortfall affects both the current 2014-15 budget and future budgets until 2032, and will be a thorn in lawmaker’s sides as they try to plan around the MEGA program’s unpredictability. The revelation of the impending shortfall due

    Read more: Michigan Business...

    Pension Reform

    When Michigan restructured the pension plans of state employees in March 1997, the reforms contrasted with the state's former benefits plan for governmental employees, which was a "defined-benefit" plan. Under the current "defined-contribution" plan, all government workers hired after March 31st 1997 are responsible for contributing voluntary amounts to their individual retirement savings accounts, while the state makes mandatory contributions. Under the former system, the risk of investment was

    Read more: Pension Reform

    MSU, U-M advocate alternative higher education funding metric

    Michigan State University President Lou Anna K. Simon pointed legislators to an alternative higher education funding metric in an effort to adapt the assessment tools Gov. Rick Snyder advocated in his fiscal year 2013 budget proposal.

    In her testimony before the House of Representatives Higher Education Appropriations subcommittee March 21, she urged lawmakers to consider a proposal by the Business Leaders of Michigan, or BLM, a nonprofit group of state business and university executives. .

    Read more: MSU, U-M advocate...

    Universities contemplate merit of governor’s performance metrics

    Gov. Rick Snyder offered universities a slight increase in higher education funding for fiscal year 2013, provided they perform in a few key areas.

    More degrees completed.

    Better graduation rates in key skill areas, like math and science.

    Tuition increases kept to 4 percent or less.

    Snyder's proposal calls for a 3 percent overall increase in higher education funding, translating to a range from 0.9 percent to 7.6 percent for individual universities based on their performance in the key areas…

    Read more: Universities...

    Snyder presents FY 2013 budget recommendation

    Last year, it was a $1.5 billion deficit and a motto of "shared sacrifice." This year, sporting a structurally balanced checkbook and a modest surplus, Gov. Rick Snyder was able to talk about "invest and save" during his fiscal year 2012-13 budget testimony before the Legislature.

    The $48.2 billion budget recommendation reverses a decade of cuts by suggesting humble increases in many categories, including education and public safety. .

    Read more: Snyder presents FY...

    State Budget

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    About Us

    The Michigan Policy Network is a student-led public education and research program to report and organize news and information about the political process surrounding Michigan state policy issues. It is run out of the Department of Political Science at Michigan State University, with participation by students from the College of Social Science, the College of Communication, and James Madison College. 

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    The thoughts, opinions, and positions represented herein are solely those of the participating students and in no way represent an official position or policy recommendation of Michigan State University.

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