What Does Gov. Rick Snyder's Budget Mean for Michigan Small Business Owners?

Date: February 27, 2018

Related Content: Analysis Economy Michigan State

 

Gov. Rick Snyder’s final state budget proposal is shaping up to cap off an eight-year comeback from the fiscal brink.

That’s according to NFIB/Michigan State Director Charles Owens, who told MiBiz.com that the $56.3 billion proposal is encouraging but that fee increases could be problematic. The budget includes a number of one-time investments in infrastructure and environmental projects.

“I think he wants to leave the budget better than he found it,” said NFIB/Michigan State Director Charles Owens in an interview with MiBiz. “It is night and day from when he started and when he is departing. He brought the state back from the brink.”

According to MiBiz.com, Snyder “proposed $79 million in annual investments to replace the expired Clean Michigan Initiative Bond for cleaning contaminated sites. The program would be paid for through increased landfill dumping fees, averaging about $4.75 per year per household, according to the administration. Yet, Snyder has also reportedly acknowledged that the fee increases may be the most difficult to accomplish in an election year.”

Related Content: Analysis | Economy | Michigan | State

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