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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. |
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State Finances
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What are the total revenues and expenses of state government?
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Answer:
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In fiscal year 2012, state revenues totaled $56.1 billion. Michigan spent $51.8 billion during fiscal year 2012 to provide services to the citizens of Michigan.
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