Fiscal analysts project Michigan’s general fund could fall $475M short by 2028

By: Katherine Dailey

Outlets: Michigan Advance

Published: February 18, 2026

Words: 602

Last Updated: 2 weeks, 5 days ago

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The House Fiscal Agency presented its overview of Gov. Gretchen Whitmer’s Fiscal Year 2027-2028 executive budget recommendations to the House Appropriations Committee on Wednesday, detailing a deficit in the state’s general fund by fiscal year 2028 but a positive balance in the state’s school aid fund.

Based on these balance sheets, the House Fiscal Agency estimates that the general fund will be about $475 million short in FY 28, while the school aid fund …

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