GRAND RAPIDS, Mich. (WOOD) — On this episode of “To The Point,” putting together a budget for the State of Michigan.
With everything else going on in the state you haven’t heard much about the budget process, but it’s a $55 billion puzzle that has to be figured out.
One of the people in charge of that is the Senate Appropriations Chairman Sen. Dave Hildenbrand, R-Lowell.
“It is about $55 billion annual state budget in the state of Michigan. But a lot of the dollars are restricted dollars, they’re earmarked dollars for a specific purpose and a lot of federal money. You’ve talked about that in shows in the past,” Hildenbrand said. “Over half of our state budget is federal money. Money from the federal government that comes back to the states that are often earmarked for very specific purposes. So we have about $10 billion, about 20 percent of that budget, of our budget, that is what we call the general fund where we have the most flexibility to reprioritize or redirect dollars to where we think they should go every year.”
Above in this April 24, 2016 episode of “To The Point,”Hildenbrand talks about the budget process, about all of that money. Where does it come from? Where does it go, and when will the budgets be done?