Local Legislator Cautions About State Budget Projections

LANSING, MI (WHTC-AM/FM) – State leaders are taking the latest budget numbers for this and the next two fiscal years with a grain of salt. Some Capitol observers were surprised on Monday when the join t revenue estimating conference unveiled projections which showed, according to state Treasurer Rachael Eubanks, “the decline in revenues have not been as severe as we had forecasted in May, in the early days of the (COVID 19) pandemic … however, we are still down nearly $1 billion overall from January’s forecast.