Rep Mike Shirkey of Clark Lake reports that the Consensus Revenue Estimating Conference estimates surplus revenues over the next three years to amount to almost a billion-dollars.
Shirkey, who was recently appointed to the Michigan House Appropriations Committee, suggested where this could lead. “We are currently evaluating a variety of options, including looking at a state income tax reduction or providing a taxpayer rebate check based on excess funds,” said Shirkey. “We are also looking at putting more money into improving things like roads and school safety, but it is important that returning money to taxpayers be a top priority given some of the financial hardships many residents faced during our recent storms. It’s the people’s money, and they just spent quite a bit on their cars and house damage, brush removal, and high utility bills.”
For more details, please click here.