Legislative Fiscal Agencies See Brighter Crystal Ball

LANSING, MI (WHTC) – In separate forecasts, the fiscal agencies for the state House and Senate say that lawmakers will have between 67.7 and 189.4 million dollars extra to work with in this budget year, and between 58.6 and 79.6 million for Fiscal 2016. Ahead of tomorrow’s quarterly Consensus Revenue Estimating Conference, the two agencies forecast employment growth between 1.5 and 2.4 percent for the rest of this year, and between .9 and 1.2 percent for the 12-month period that begins on October 1^st.