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Michigan may take in more revenue next year

by

LANSING  (WKZO)  --  The State of Michigan may have a reason to celebrate this holiday season.

Early projections show that they will collect a billion dollars more in tax revenues next year than this year.

The state collects sales and income taxes and they both rise as the economy recovers.

That number isn’t official yet. The Governor refuses to speculate how it might be spent until they are numbers he and the legislature can count on, as they go about preparing for the next state budget.

He has been saying for the last few months, because of the legislature’s failure to come up with funding for roads, that that is one area where he would like to spend additional revenue.

 

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