Revenue and Economic Forecasts

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Copies of the reports listed below may be obtained by contacting the office at 517.373.8080 or contacting Kathryn Bateson.

Questions on the following documents should be directed to Jim Stansell, Senior Economist and Adam Desrosiers, Economist for Economic/Revenue Forecas and Tax Analysis.

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ball Revenue and Economic Forecast Archives

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2014

  • Economic and Revenue Report [190K] October 10, 2014. Prepared by Mary Ann Cleary, Director and Jim Stansell, Senior Economist.
  • Economic and Revenue Report [159K] August 15, 2014. Prepared by Mary Ann Cleary, Director and Jim Stansell, Senior Economist.
  • Revenue State Source and Distribution [556K], prepared by Jim Stansell, Senior Economist, June 2014. This report provides information on the source and distribution of revenue for the State of Michigan, and includes final FY 2012-13 and estimated FY 2013-14 and FY 2014-15 revenue. Estimates in this report are based on revenue amounts agreed to at the May 2014 Consensus Revenue Estimating Conference and revenue detail in the FY 2014-15 enacted budget.
  • Consensus Revenue Agreement, Final Summary [49K], May 16, 2014. This memo provides a summation of the agreements reached at the May 2014 conference. These consensus estimates will be reviewed or updated at the January 2015 conference.
  • Consensus Revenue Agreement, Executive Summary [48K], May 15, 2014 Economic and Revenue forecasts for fiscal years 2014, 2015 and 2016.
  • Economic Outlook and Revenue Estimates for Michigan FY 2013-14 Through FY 2015-16 [173K], May 13, 2014. Prepared by Jim Stansell, Senior Economist. This report includes a national and State economic forecast for calendar year (CY) 2013 through CY 2016. It also presents final General Fund/General Purpose (GF/GP) and School Aid Fund (SAF) revenue for fiscal year FY 2012-13 and revised estimates for FY 2013-14 through FY 2015-16. Estimates reported herein will be presented to the Consensus Revenue Estimating Conference on May 15, 2014, and will be used to facilitate the consensus estimating process.
  • Economic and Revenue Report [159K] April 14, 2014. Prepared by Mary Ann Cleary, Director and Jim Stansell, Senior Economist.(Revised)
  • Consensus Revenue Agreement, Final Summary [52K], January 13, 2014. This memo provides a summation of the agreements reached at the January 2014 conference. The consensus estimates will be revised or updated at the May 2014 conference.
  • Consensus Revenue Agreement, Executive Summary [176K], January 10, 2014. Economic and Revenue Forecasts for fiscal years 2014, 2015 and 2016.
  • Economic Outlook and Revenue Estimates for Michigan FY 2013-14 Through FY 2015-16 [176K], January 7, 2014. Prepared by Jim Stansell, Senior Economist. This report includes a national and State economic forecast for calendar year (CY) 2013 through CY 2016. It also presents final General Fund/General Purpose (GF/GP) and School Aid Fund (SAF) revenue for fiscal year FY 2012-13 and revised estimates for FY 2013-14 through FY 2014-15, and initial estimates for FY 2015-16. Estimates reported herein will be presented to the Consensus Revenue Estimating Conference on January 10, 2013, and will be used to facilitate the consensus estimating process.

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2013

  • Revenue State Source and Distribution [363K], prepared by Jim Stansell, Senior Economist, October 21, 2013. This report provides information on the source and distribution of revenue for the State of Michigan, and includes final FY 2011-12 and estimated FY 2012-13 and FY 2013-14 revenue. Estimates in this report are based on revenue amounts agreed to at the May 2013 Consensus Revenue Estimating Conference and revenue detail in the FY 2013-14 enacted budget.
  • Economic and Revenue Report [336K], September 18, 2013. Prepared by Mary Ann Cleary, Director and Jim Stansell, Senior Economist. A quarterly revenue report for the State of Michigan.
  • Consensus Revenue Agreement, Final Summary [49K], May 21, 2013. This memo provides a summation of the agreements reached at the May 2013 conference. These consensus estimates will be reviewed or updated at the January 2014 conference.
  • Consensus Revenue Agreement, Executive Summary [48K], May 15, 2013. Economic and Revenue forecasts for fiscal years 2013, 2014 and 2015.
  • Economic Outlook and Revenue Estimates for Michigan FY 2012-13 Through FY 2014-15 [182K], May, 2013. Prepared by Jim Stansell, Senior Economist. This report includes a national and State economic forecast for calendar year (CY) 2012 through 2015. It also presents final General Fund/General Purpose (GF/GP) and School Aid Fund (SAF) revenue for fiscal year FY 2011-12 and revised estimates for FY 2012-13 through FY 2014-15. Estimates reported herein will be presented to the Consensus Revenue Estimating Conference on May 15, 2013, and will be used to facilitate the consensus estimating process.
  • Economic/Revenue Overview and Revenue Monthly Review [127K] January 17, 2013. Prepared by Rebecca Ross.
  • Consensus Revenue Estimating Conference Overview [53K], January 29, 2013. Presentation given to the House Appropriations Committee by Mary Ann Cleary, House Fiscal Agency Director on the Consensus Revenue Estimating Conference.
  • Consensus Revenue Agreement, Final Summary [52K], January 16, 2013. This memo provides a summation of the agreements reached at the January 2013 conference. The consensus estimates will be revised or updated at the May 2013 conference.
  • Consensus Revenue Agreement, Executive Summary [48K], January 11, 2013. Economic and Revenue forecasts for fiscal years 2013, 2014 and 2015.

2012

2011

2010

  • Revenue Review, November 2010 [52K], prepared by Mitchell E. Bean and Rebecca Ross. A quarterly revenue report for the State of Michigan.
  • Tax Amnesty, Unclaimed Property Revenue, and Debt Service Restructuring Proposals, August 23, 2010. [35K], prepared by Mitchell E. Bean and Ben Gielczyk. This memo gives a summary of the Governor's proposals for closing the FY 2010-11 general fund budget deficit.
  • Revenue Review, August 2010 [75K], prepared by Mitchell E. Bean and Rebecca Ross. A quarterly revenue report for the State of Michigan.
  • Revenue Source and Distribution [324K], prepared by Rebecca Ross, June 2010. This report provides information on the source and distribution of revenue for the State of Michigan, and includes estimated FY 2009-10 and FY 2010-11 revenue. Estimates in this report are based on revenue amounts agreed to at the May 2010 Consensus Revenue Estimating Conference and revenue detail in the FY 2010-11 Executive Budget Recommendation.
  • Consensus Revenue Agreement [88K], May 21, 2010. These tables provide a summation of the agreements reached at the May 2010 conference. These consensus estimates will be reviewed and updated at the January 2011 conference.
  • Economic Outlook and Revenue Estimates for Michigan FY 2009-10 and FY 2010-11 [236K], prepared by Rebecca Ross and Jim Stansell, May 2010. This report presents final General Fund/General Purpose and School Aid Fund final revenue for fiscal year (FY) 2008-09, and revised revenue estimates for FY 2009-10 and 2010-11. Estimates reported herein will be presented to the Consensus Revenue Estimating Conference on May 21, 2010, and will be used to facilitate the consensus estimating process.
  • Revenue Review, May 2010 [73K], prepared by Mitchell E. Bean and Rebecca Ross. A quarterly revenue report for the State of Michigan.
  • Michigan's Economy and Budget [395K]. A presentation by Mitch Bean to the District 62 Town Hall Meeting, May 3, 2010.
  • Revenue Source and Distribution [324K], prepared by Rebecca Ross, March 2010. This report provides information on the source and distribution of revenue for the State of Michigan, and includes estimated FY 2009-10 and FY 2010-11 revenue. Estimates in this report are based on revenue amounts agreed to at the January 2010 Consensus Revenue Estimating Conference and revenue detail in the FY 2010-11 Executive Budget Recommendation.
  • Review and Analysis: FY 2010-11 Executive Budget Recommendation [485K], March 2010. This publication provides information on revenue sources proposed in the Executive Recommendation for FY 2010-11, including tobacco settlement funds. It also provides summary charts and tables of proposed budget funds and sources.
  • Preliminary Review of the FY 2010-11 Executive Budget Recommendation [202K], February 16, 2010. This preliminary review provides a quick look at the Executive Budget Recommendation for FY 2010-11.
  • Revenue Review, February 2010 [95K], prepared by Mitchell E. Bean and Rebecca Ross. A quarterly revenue report for the State of Michigan.
  • Appropriations: Summary and Analysis, FY 2009-10 [550K], January 2010. This report summarizes the enacted FY 2009-10 appropriations.
  • Consensus Revenue Agreement [87K], January 2010. These tables provide a summation of the agreements reached at the January 2010 conference. The consensus estimates will be revised or updated at the May 2010 conference.
  • Consensus Revenue Agreement - Executive Summary [49K], January 2010. The attached document provides an Executive Summary of the January 11, 2010 Consensus Revenue Estimating Conference.
  • Economic Outlook and Revenue Estimates for Michigan FY 2009-10 and FY 2010-11 [241K], prepared by Rebecca Ross and Jim Stansell, January 2010. This report presents final General Fund/General Purpose and School Aid Fund revenue for fiscal year (FY) 2008-09, revised revenue estimates for FY 2009-10, and initial estimates for FY 2010-11.