State Economists: Revenues Coming in a Bit Better Than Expected

Posted on May 16, 2018

State of MichiganState Treasurer Nick Khouri and the directors of the House and Senate fiscal agencies met May 16 for the Consensus Revenue Estimating Conference, during which the latest state revenue projections were officially presented. The projections will help legislators finalize work on the fiscal year 2019 state budget.

Overall, both the state general fund and school aid fund are expected to see a slight increase in revenues compared to projections released during the January 2018 revenue estimating conference. General fund revenue estimates for fiscal years 2018 and 2019 were collectively expected to increase by nearly $228 million. The school aid fund revenue estimate for the same time period increased by $270 million.

As the Legislature moves forward with finalizing the state budgets using the new revenue estimates, the MHA will resume its advocacy efforts to secure a total of $10 million for funding that benefits rural hospitals and hospitals that continue to provide obstetrical services in underserved regions of the state. Currently, the Senate version of the budget bill for the Department of Health and Human Services fully funds both pools, while the House version of the bill is funded at $7 million.

The MHA will keep members apprised of progress on the budgets as the bills move through the legislative process. Members with questions should contact Laura Appel at the MHA.


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  • State Economists: Revenues Coming in a Bit Better Than Expected

Tags: budget, Michigan, rural health, 2019 State Healthcare Budget, obstetrical stabilization fund

Posted in: Issues in Healthcare, Top Issues - Healthcare

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