Michigan budget shifts extra funds to Detroit
By Tom Gantert | Michigan Capitol Confidential
Fresh off the Michigan Legislature approving a $195 million bailout for Detroit, some elected state officials and the governor are looking to favor the city again, but this time with the statutory revenue sharing.
Detroit is budgeted in 2014-15 to receive $140.5 million in the money taken from sales tax revenue, a $4.2 million increase from 2013-14. That’s what is proposed in Gov. Rick Snyder’s budget, which is in committee.
By comparison, the city of Flint is budgeted to receive $6.7 million in state shared revenue and Grand Rapids is expected to receive $5.3 million in 2014-15. Detroit has a population of 701,475 while Grand Rapids has 190,411 residents and Flint has 100,515 residents.
at Michigan Capitol Confidential.