Gov. Snyder finishes signing $53.2 billion budget
Mon, 30 Jun 2014 15:07:06 GMT —
Gov. Rick Snyder has finished signing a $53.2 billion state budget that commits to spending 6 percent more than in the current fiscal year.
The overall $3 billion-plus funding increase is mostly because of more federal dollars for Michigan's new expansion of Medicaid eligibility under the U.S. health law and anticipated higher tax collections in an improved economy.
Snyder made two line-item vetoes in the budget bill he signed Monday - nixing a pedestrian crossing study and a high-speed rail crossing pilot program.
Key provisions of the general budget OK'd Monday include an overall 7 percent boost in revenue-sharing payments to municipalities. There also is money to train 100 new state police troopers and hire 25 more conservation officers.
Snyder signed the budget for K-12 schools and colleges last week.