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Frequently Asked Questions Regarding the State's Finances

The following questions provide an easily understandable overview of Michigan's finances. To find the answer to a particular question, click on it. Where appropriate, answers may include links to additional, more detailed information. We are interested in hearing your thoughts or suggestions regarding the questions and answers. Use this link to submit comments.

FAQ
  State Finances
How can I find out more about Michigan's finances?
 
Answer:
The State of Michigan Comprehensive Annual Financial Report (SOMCAFR) presents a comprehensive view of the financial position and results of operations of the state primary government and its component units. The report is prepared in accordance with generally accepted accounting principles applicable to state and local governments.  View the SOMCAFR.

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