COVID-19 Has Affected Michigan's Budget
By: Mike Stiles - Wednesday, July 29, 2020

Chris Kolb (photo courtesy of State of Michigan)

(LANSING) – Michigan's budget has taken a hit due to the COVID-19 pandemic.

During a media conference Tuesday afternoon, Michigan Budget Director Chris Kolb says Michigan has suffered a loss in Fiscal Years 2020 and one is projected for 2021. That's why he asked for a third Revenue Estimating Conference in August before the Fiscal Year 2021 budget discussion would begin, and also asked for some help from Congress.

Kolb shared that the budget shortfall for the current fiscal year has been taken care of. ...... {LISTEN}.

Those priorities include funding for schools; health care; public safety; supporting local governments and certain State services.

There was also $475 million in Federal coronavirus relief funds provided to the State, which Kolb says have been used. Now Michigan must work on finding other ways to help out for the remainder of his fiscal year and for the next year.


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