It’s a wrap! The Michigan Legislature recently finished work on the FY 2016 budget, a plan that once again provides a strong foundation for economic growth while investing in our state’s future.
Our plan balances the books with a focus on the priorities important to Michigan families–schools, public safety and roads. Some of the key investments include:
- $400 million from existing revenues for road repair and construction.
- More than $36 million for skilled trades, career and technical education.
- $31.5 million for a third grade reading initiative.
- Increased funding to hire 88 new state police troopers for our communities.
For the fifth year in a row, the Legislature increased funding for K-12 education. That’s more than $1.5 billion in new state funding for our schools since 2011. At the same time, the budget strengthens the state’s finances by paying down debt, forcing government to live within its means and saving for the future in the Rainy Day Fund.