Economic, Revenue and Forecasts

Most of these documents are in "portable document format" (PDF), which requires Adobe Acrobat Reader to view and print the files. It is a free plug-in for your web browser and is available from Adobe. Some of the documents require Adobe Version 8, or higher. Free upgrades are available from Adobe here. 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, Economist for Economic/Revenue Forecast; Tax Analysis and Revenue Sharing.

2013

Constitutional Revenue Sharing Payments to Cities, Villages, and Townships. [604K] May 22, 2013. Prepared by Jim Stansell. This document provides detailed estimates of final FY 2011-12 and estimated 2012-13 and FY 2013-14 Constitutional revenue sharing payments to cities, villages, and townships, revised to reflect the estimates of the May 15, 2013 Consensus Revenue Estimating Conference.

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/Review Overview and Revenue Monthly Review [127K] January 17, 2013. Prepared by Rebecca Ross.

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

Revenue Review, November, 2012 [89K], prepared by Mary Ann Cleary, Director and Rebecca Ross, Senior Economist. A quarterly revenue report for the State of Michigan.

Economic/Review Overview and Revenue Monthly Review [128K] October 10, 2012. Prepared by Rebecca Ross.

Economic/Review Overview and Revenue Monthly Review [128K] September 17, 2012. Prepared by Rebecca Ross.

Revenue Source and Distribution [359K], prepared by Rebecca Ross, July 2012. This report provides information on the source and distribution of revenue for the State of Michigan, and includes estimated FY 2011-12 and FY 2013-14 revenue. Estimates in this report are based on revenue amounts agreed to at the May 2012 Consensus Revenue Estimating Conference and revenue detail in the FY 2012-13 Executive Budget Recommendation.

Economic/Review Overview and Revenue Monthly Review [126K] July 10, 2012. Prepared by Rebecca Ross.

Economic/Review Overview and Revenue Monthly Review [127K] June 11, 2012. Prepared by Rebecca Ross.

Consensus Revenue Agreement, Executive Summary [47K], May 16, 2012. Economic and Revenue forecasts for fiscal years 2012, 2013 and 2014.

Revenue Review, May, 2012 [49K], prepared by Mary Ann Cleary, Director and Rebecca Ross, Senior Economist. A quarterly revenue report for the State of Michigan.

Economic/Review Overview and Revenue Monthly Review [127K] April 10, 2012. Prepared by Rebecca Ross.

County Revenue Sharing FY 2011-12 and FY 2012-13. [74K] February 21, 2012. Prepared by Jim Stansell. This document provides detailed estimates of allowable draws and revenue sharing payments to eligible counties for FY 2011-12 under current law along with allowable draws and projected EVIP payments to eligible counties for FY 2012-13 as per the Executive Budget Recommendation.

Revenue Review, February, 2012 [90K], prepared by Mary Ann Cleary, Director and Rebecca Ross, Senior Economist. A quarterly revenue report for the State of Michigan.

Estimated Constitutional Revenue Sharing Payments to Cities, Villages, and Townships, FY 2011-12 through FY 2013-14. [618K] January 26, 2012. Prepared by Jim Stansell. This document provides estimated Constitutional revenue sharing payments to cities, villages, and townships for FY 2011-12 through FY 2013-14, based on sales tax projections from the January 13, 2012 Consensus Revenue Estimating Conference.

Economic Outlook and Revenue Estimates for Michigan FY 2011-12 thru FY 2013-14 [203K], January 2012. Prepared by Rebecca Ross and Jim Stansell. This report includes a national and State economic forecast for calendar year (CY) 2011 through 2014. It also presents preliminary final General Fund/General Purpose (GF/GP) and School Aid Fund (SAF) revenue for fiscal year FY 2010-11, revised revenue estimates for FY 2011-12 and FY 2012-13, and initial estimates for FY 2013-14.

Consensus Revenue Agreement, Final Summary [46K], January 17, 2012. This memo provides a summation of the agreements reached at the January 2012 conference. The consensus estimates will be revised or updated at the May 2012 conference.

Consensus Revenue Agreement, Executive Summary [203K], January 13, 2012. Economic and Revenue forecasts for fiscal years 2012, 2013 and 2014.

2011

Revenue Review, November 2011 [61K], prepared by Mary Ann Cleary, Director and Rebecca Ross, Senior Economist. A quarterly revenue report for the State of Michigan.

Economic/Review Overview and Revenue Monthly Review [131K], September 13, 2011. Prepared by Rebecca Ross.

Revenue Review, August 2011 [63K], prepared by Mary Ann Cleary, Director and Rebecca Ross, Senior Economist. A quarterly revenue report for the State of Michigan. Revised to exclude tax amnesty revenue.

Revenue Source and Distribution [363K], prepared by Rebecca Ross, June 2011. This report provides information on the source and distribution of revenue for the State of Michigan, and includes estimated FY 2010-11 and FY 2011-12 revenue. Estimates in this report are based on revenue amounts agreed to at the May 2011 Consensus Revenue Estimating Conference and revenue detail in the FY 2011-12 Executive Budget Recommendation. It also reflects revenue impacts due to tax amnesty, unclaimed property, liquor reforms, and changes to the state's tax structure included in HB 4361 and HB 4362 of 2011.

Economic/Review Overview and Revenue Monthly Review [127K] June, 2011. Prepared by Rebecca Ross.

Consensus Revenue Agreement [46K], May 24, 2011. These tables provide a summation of the agreements reached at the May 2011 conference. These consensus estimates will be reviewed and updated at the January 2012 conference.

Consensus Revenue Agreement, Executive Summary [47K], May 16, 2011. Economic and Revenue forecasts for fiscal years 2011, 2012 and 2013.

Revenue Review, May 2011 [52K], prepared by Mitchell E. Bean and Rebecca Ross. A quarterly revenue report for the State of Michigan.

Revenue Source and Distribution [366K], prepared by Rebecca Ross, April 2011. This report provides information on the source and distribution of revenue for the State of Michigan, and includes estimated FY 2010-11 and FY 2011-12 revenue. Estimates in this report are based on revenue amounts agreed to at the January 2011 Consensus Revenue Estimating Conference and revenue detail in the FY 2011-12 Executive Budget Recommendation.

County Revenue Sharing Payments and Allowable Draws for FY 2010-11 and FY 2011-12 [255K] March 11, 2011, Prepared by Jim Stansell. This document provides estimates of revenue sharing payments to eligible counties and allowable draws from county required reserve funds for FY 2010-11 (as enacted) and FY 2011-12 (as per the executive recommendation).

Revenue Sharing Payments To Cities, Villages, and Townships [1,035K] Prepared by Jim Stansell. This document provides estimated Constitutional and statutory revenue sharing payments to cities, villages, and townships for FY2010-11 (as enacted) and for FY2011-12 (as per the executive recommendation).

FY 2011-12 Executive Recommendation for Tax Changes. [87K] March 8, 2011, Prepared by Rebecca Ross, Jim Stansell and Chris Couch. This analysis describes the Governor's Tax Proposal.

Preliminary Review of the FY 2011-12 and FY 2012-13 Executive Budget Recommendation [193K], February 22, 2011. This preliminary review provides a quick look at the Executive Budget Recommendation for FY 2011-12 and FY 2012-13.

Revenue Review, February 2011 [79K], prepared by Mitchell E. Bean and Rebecca Ross. A quarterly revenue report for the State of Michigan.

Consensus Revenue Agreement [36K], January 14, 2011. The attached tables provide a summation of the agreements reached at the January 2011 conference. These consensus estimates will be revised or updated at the May 2011 conference.

Economic Outlook and Revenue Estimates for Michigan FY 2010-11 and FY 2011-12 [226K], January 2011. Prepared by Rebecca Ross and Jim Stansell. This report presents final General Fund/General Purpose and School Aid Fund revenue for fiscal year (FY) 2009-10, revised revenue estimates for FY 2010-11, and initial estimates for FY 2011-12.

2010

Revenue Review, November 2010 [52K], prepared by Mitchell E. Bean and Rebecca Ross. A quarterly revenue report for the State of Michigan.

Revenue Sharing Payments to Cities, Villages, and Townships [787K] September 28, 2010. Prepared by Jim Stansell. This document provides detailed final revenue sharing payments to cities, villages, and townships for FY 2009-10 and estiamtes for FY 2010-11 under HB 5880 (S-1) CR-1, as passed the House.

Revenue Sharing Payments to Counties [97K] September 30, 2010. Prepared by Jim Stansell. This document provides detailed final revenue sharing payments to eligible counties for FY 2009-10 and estimates for FY 2010-11 under HB 5880 (S-1) CR-1, as passed the House.

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 Govenor'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.

Estimated FY 2009-10 Revenue Sharing Payments to Cities, Villages, and Townships [450K], May 21, 2010. Prepared by Jim Stansell. This document provides detailed estimates of revenue sharing payments to cities, villages, and townships for FY 2009-10 under current law, revised to reflect the estimates from the May 21, 2010 Consensus Revenue Estimating 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.

Revenue Sharing Payments to Cities, Villages, and Townships FY2009-10 and FY2010-11 (HB5880 H-2) [702K], March 26, 2010. Prepared by Jim Stansell. This document provides detailed estimates of revenue sharing payments to cities, villages, and townships for FY 2009-10 under current law and FY 2010-11 as per HB5880 (H-2) as passed the House of Representatives.

Revenue Sharing Payments to Counties for FY2009-10 and FY2010-11 (HB5880 H-2) [75K], March 26, 2010. Prepared by Jim Stansell. This document provides detailed estimates of revenue sharing payments to eligible counties for FY 2009-10 under current law and FY 2010-11 as per HB5880 (H-2) as passed by the House of Representatives.

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 Sharing Payments to Local Units of Government [677K], February 11, 2010. Prepared by Jim Stansell. This document provides detailed estimates of revenue sharing payments to cities, villages, and townships for FY 2009-10 (under current law) and FY 2010-11 (as per the Executive Recommendation).

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.

2009

Revenue Review, November 2009 [73K], prepared by Mitchell E. Bean and Rebecca Ross. A quarterly revenue report for the State of Michigan.

Revenue Sharing Payments to Local Units of Government, Final FY 2008-09 and Estimated FY 2009-10 [820K]. Prepared by Jim Stansell, September 29, 2009. Revenue sharing payments to cities, villages, and townships under SB 245 (S-2) CR-1 *.

Revenue Review, August 2009 [75K], prepared by Mitchell E. Bean and Rebecca Ross. A quarterly revenue report for the State of Michigan.

Revenue Source and Distribution [226K], prepared by Rebecca Ross, July 2009. This report provides information on the source and distribution of revenue for the State of Michigan, and compares projected FY 2008-09 revenue with estimated FY 2009-10 revenue. Estimates in this report are based on revenue amounts agreed to at the May 2009 Consensus Revenue Estimating Conference and revenue detail in the FY 2009-10 Executive Budget Recommendation.

Consensus Revenue Agreement [90K], May 19, 2009. These tables provide a summation of the agreements reached at the May 2009 conference. These consensus estimates will be reviewed and updated at the January 2010 conference.

Consensus Revenue Agreement, Executive Summary [47K], May 15, 2009. Economic and revenue forecasts for fiscal years 2009 and 2010.

Economic Outlook and Revenue Estimates for Michigan FY 2008-09 and FY 2009-10 [304K], May 2009. Prepared by Rebecca Ross and Jim Stansell. This report presents final General Fund/General Purpose and School Aid Fund final revenue for fiscal year (FY) 2007-08, and revised revenue estimates for FY 2008-09 and FY 2009-10.

Revenue Review, May 2009 [109K], prepared by Mitchell E. Bean and Rebecca Ross. A quarterly revenue report for the State of Michigan.

Revenue Sharing Payments to Local Units of Government, Estimated FY 2008-09 [528K]. Prepared by Jim Stansell, May 5, 2009. This document provides detailed revenue sharing estimates for FY2008-09 to reflect changes due to Executive Order 2009-22.

Review and Analysis: FY 2009-10 Executive Budget Recommendation [648K], March 2009. This publication provides information on revenue sources proposed in the Executive Recommendation for FY 2009-10, including tobacco settlement funds. It also provides summary charts and tables of proposed budget funds and sources.

Explanation of Unreserved General Fund and School Aid Fund Balances [89K], February 10, 2009.

Preliminary Conference Agreement Federal Stimulus Allocations [153K], February 18, 2009.

Preliminary Review of the FY 2009-10 Executive Budget Recommendation [305K], February 17, 2009. This preliminary review provides a quick look at the Executive Budget Recommendation for FY 2009-10.

Economic and Revenue Forecasts: Implications for Michigan's Budget [690K], February 5, 2009. A presentation for the Michigan House of Representatives, given by Mitchell E. Bean.

Revenue Review: February 2009 [117K], prepared by Mitchell E. Bean and Rebecca Ross. A quarterly revenue report for the State of Michigan.

Consensus Revenue Agreement [95K], January 2009. These tables provide a summation of the agreements reached at the January 2009 conference. The consensus estimates will be revised or updated at the May 2009 conference.

Economic Outlook and Revenue Estimates for Michigan FY 2008-09 and FY 2009-10 [317K], January 2009. Prepared by Rebecca Ross and Jim Stansell. This report presents final General Fund/General Purpose and School Aid Fund revenue estimates for fiscal year (FY) 2007-08, revised revenue estimates for FY 2008-09, and initial revenue estimates for FY 2009-10.

2008

Revenue Review, November 2008 [109K], prepared by Mitchell E. Bean and Rebecca Ross. A quarterly revenue report for the State of Michigan.

Revenue Review, August 2008 [122K], prepared by Mitchell E. Bean and Rebecca Ross. A quarterly revenue report for the State of Michigan.

Revenue Source and Distribution [295K], prepared by Rebecca Ross, June 2008. This report provides information on the source and distribution of revenue for the State of Michigan, and compares projected FY 2007-08 revenue with estimated FY 2008-09 revenue. Estimates in this report are based upon those agreed to at the May 2008 Consensus Revenue Estimating Conference and revenue detail in the revised Executive Budget Recommendation.

Economic Outlook and Revenue Estimates for Michigan FY 2007-08 and FY 2008-09 [266K], May 2008. Prepared by Rebecca Ross and Jim Stansell. This report presents final General Fund/General Purpose and School Aid Fund revenue estimates for fiscal year (FY) 2006-07, and revised revenue estimates for FY 2007-08 and FY 2008-09.

Revenue Review: May 2008 [124K], prepared by Mitchell E. Bean and Rebecca Ross. A quarterly revenue report for the State of Michigan.

Revenue Source and Distribution [299K], prepared by Rebecca Ross, March 2008. This report provides information on the source and distribution of revenues for the State of Michigan and comparisons of projected FY 2007-08 revenue with estimated FY 2008-09 revenue. Estimates in this report are based upon those agreed to at the Consensus Revenue Estimating Conference in January 2008.

Review and Analysis: FY 2008-09 Executive Budget Recommendation [578K], February 2008. This publication provides information on revenue sources proposed in the Executive Recommendation for FY 2008-09, including tobacco settlement funds. It also provides summary charts and tables of proposed budget funds and sources.

Revenue Sharing Payments to Local Units of Government [515K]. Prepared by Jim Stansell, February 13, 2008. FY 2008-09 Executive recommendation.

Preliminary Review of the FY 2008-09 Executive Budget Recommendation [320K], February 11, 2008. This preliminary review provides a quick look at the Executive Budget Recommendation for FY 2008-09.

Revenue Review: February 2008 [111K], prepared by Mitchell E. Bean and Rebecca Ross. A quarterly revenue report for the State of Michigan.

Consensus Revenue Agreement - Executive Summary [47K], January 2008. The attached document provides an Executive Summary of the January 11, 2008 Consensus Revenue Estimating Conference.

Consensus Revenue Agreement [93K], January 2008. These tables provide a summation of the agreements reached at the January 2008 conference. The consensus estimates will be revised or updated at the May 2008 conference.

Economic Outlook and Revenue Estimates for Michigan FY 2007-08 and FY 2008-09 [310K], January 2008. Prepared by Rebecca Ross and Jim Stansell. This report presents final General Fund/General Purpose and School Aid Fund revenue estimates for fiscal year (FY) 2006-07, revised revenue estimates for FY 2007-08, and initial revenue estimates for FY 2008-09.