Welcome to the House Fiscal Agency

    divider

    General Omnibus Budget - House Bill 5783

    Education Omnibus Budget - Senate Bill 845

    divider


    Current Reports

  • Reports Required by Boilerplate FY 2022-23 September 14, 2022. This publication lists reports required by boilerplate in FY 2022-23 appropriation acts.
  • HFA Monthly Revenue Update – August 2022 September 12, 2022. Prepared by Mary Ann Cleary, Director and Jim Stansell, Senior Economist.
  • Revenue State Source and Distribution September 6, 2022. Prepared by Jim Stansell, Senior Economist. This report provides information on the source and distribution of revenue for the State of Michigan, and includes final FY 2020-21 revenue, and estimated FY 2021-22 and FY 2022-23 amounts. Estimates in this report are based on revenue amounts agreed to at the May 2022 Consensus Revenue Estimating Conference. This publication also includes final FY 2020-21 collections by type of tax and provides information for each tax with regard to the tax base, rate, and disposition as well as state revenue dedication information including tax type, dedicated amount, and recipient of dedicated funds.
  • HFA Monthly Revenue Update – July 2022 August 9, 2022. Prepared by Mary Ann Cleary, Director and Jim Stansell, Senior Economist.
  • HFA Monthly Revenue Update – June 2022 July 12, 2022. Prepared by Mary Ann Cleary, Director and Jim Stansell, Senior Economist.
  • Consensus Revenue Agreement, Final Summary May 20, 2022. This memo provides a summation of the agreements reached at the May 2022 conference. These consensus estimates will be reviewed or updated at the January 2023 conference.
  • Consensus Revenue Agreement, Executive Summary May 20, 2022. Economic and Revenue Forecasts for Fiscal Years 2022, 2023 and 2024.
  • Economic Outlook and Revenue Estimates for Michigan FY 2021-22 Through FY 2023-24 May 18, 2022. Prepared by Jim Stansell, Senior Economist and Benjamin Gielczyk, Associate Director. This report includes a national and state economic forecast for calendar year (CY) 2021 through CY 2024. It also presents final General Fund/General Purpose (GF/GP) and School Aid Fund (SAF) revenue for fiscal year (FY) 2020-21 and revised revenue estimates for FY 2021-22 through FY 2023-24. Estimates reported herein will be presented to the Consensus Revenue Estimating Conference on May 20, 2022 and will be used to facilitate the consensus estimating process.
  • Fiscal Brief: MTF Distribution Formula to Local Road Agencies - Update March 22, 2022. Prepared by William E. Hamilton, Senior Fiscal Analyst. This updated publication describes the factors that govern the distribution of Michigan Transportation Fund (MTF) revenue to local road agencies (county road commissions and cities/villages).
  • Fiscal Brief: Michigan Tuition Grant Program March 17, 2022. Prepared by Perry Zielak, Senior Fiscal Analyst. This publication provides an overview of the Michigan Tuition Grant program, one of the state postsecondary financial aid programs funded in the Higher Education budget.
  • Fiscal Brief: LARA Fee Sunsets 2023 March 15, 2022. Prepared by Marcus Coffin, Senior Fiscal Analyst. This publication provides detail on the Department of Licensing and Regulatory Affairs fees scheduled to sunset in 2023.
  • Public University Summary Data, Fiscal Years 2016-17 to 2020-21 March 1, 2022. This report covers the Public University Summary Data from the Michigan Higher Education Institutional Data Inventory (HEIDI) database for Fiscal Years 2016-17 to 2020-21. Prepared by Perry Zielak, House Fiscal Agency and Josh Sefton, Senate Fiscal Agency.
  • Budget Poster - FY 2021-22 February 25, 2022. Prepared by Mary Ann Cleary, Director. A diagram of the major components of Michigan's tax system and state budget. The 11 x 17 poster displays how state taxes and other revenues flow through major state funds and into the state budget. Email HFA Administration to request a color copy.
  • Review and Analysis: FY 2022-23 Executive Budget Recommendation February 24, 2022. In this publication, the Budget Overview provides information on revenue sources and appropriations proposed in the Executive Budget Recommendation for FY 2022-23 and FY 2023-24. It also provides summary charts and tables of appropriations and fund sources in the proposed budget.
  • Preliminary Review of the FY 2022-23 Executive Budget Recommendation February 11, 2022. This preliminary review provides a quick look at the Executive Budget Recommendation for FY 2022-23.
  • Higher Education Appropriations Report, Fiscal Year 2021-22 Prepared by Perry Zielak, Senior Fiscal Analyst, House Fiscal Agency and Josh Sefton, Senior Fiscal Analyst, Senate Fiscal Fiscal Agency, January 2022. This report provides a precise record of how appropriation amounts in the FY 2021-22 Higher Education budget were calculated.
  • Fiscal Brief: Civil Filing Fee Fund February 1, 2022. Prepared by Robin R. Risko, Associate Director. This updated fiscal brief provides an overview of the Civil Filing Fee Fund, describing funding sources and revenue distributions.
  • Fiscal Brief: Justice System Fund February 1, 2022. Prepared by Robin R. Risko, Associate Director. This updated fiscal brief provides an overview of the Justice System Fund, describing revenue sources and fund distributions.
  • Fiscal Brief: Traffic Citation Revenue February 1, 2022. Prepared by Robin R. Risko, Associate Director. This updated fiscal brief provides an overview of the distribution of funds from traffic citations issued in Michigan.
  • Fiscal Brief: Use of School Aid Funds in Community Colleges and Higher Education January 28, 2022. Prepared by Perry Zielak, Fiscal Analyst. This publication describes the increasing use of School Aid Fund revenues in the Community Colleges and Higher Education budgets since FY 2009-10.
  • Fiscal Brief: State and Federal Broadband Expansion Programs January 26, 2022. Prepared by Michael Cnossen, Fiscal Analyst. This publication summarizes state and federal funding opportunities for broadband internet expansion, including funding recently provided by the federal Infrastructure Investment and Jobs Act.
  • Consensus Revenue Agreement, Final Summary January 14, 2022. This memo provides a summation of the agreements reached at the January 2022 conference. These consensus estimates will be reviewed or updated at the May 2022 conference.
  • Consensus Revenue Agreement, Executive Summary January 14, 2022. Economic and Revenue Forecasts for Fiscal Years 2022, 2023 and 2024.
  • Economic Outlook and Revenue Estimates for Michigan FY 2021-22 Through FY 2023-24  January 12, 2022. Prepared by Jim Stansell, Senior Economist and Benjamin Gielczyk, Associate Director. This report includes a national and state economic forecast for calendar year (CY) 2021 through CY 2024. It also presents preliminary General Fund/General Purpose (GF/GP) and School Aid Fund (SAF) revenue for fiscal year (FY) 2020-21, revised revenue estimates for FY 2021-22 and FY 2022-23, and initial estimates for FY 2023-24. Estimates reported herein will be presented to the Consensus Revenue Estimating Conference on January 14, 2022 and will be used to facilitate the consensus estimating process.