A joint statement from Kolb, House Appropriations Chair Shane Hernandez, and Senate Budget Chair Jim Stamas says the agreement includes no funding cuts to K-12 schools nor to revenue sharing payments to local governments. The statement does not say where there will be cuts. But cuts will be necessary because revenue has dropped during the COVID-19 crisis.
This deal represents a broad agreement on how much money will available for different areas of the budget. If the deal holds, the Legislature will send budget bills to Governor Gretchen Whitmer next week – in time for her to sign them before the beginning of the state’s new fiscal year on October 1st.
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