State Higher Education Budget Process for Fiscal Year 2010
On October 30, 2009, Governor Granholm signed HB 4441 (PA 132 of 2009) into law. It contains an across the board 3 percent reduction in base funding to Michigan’s public universities. This reduction was partially replaced by $68 million in funding from the American Recovery and Reinvestment Act – State Fiscal Stabilization Fund (Federal stimulus dollars). After combining the base budget and ARRA SFSF one-time funding, the state’s public universities saw a 0.4% decrease in operating funds.
Funding for the state’s financial aid programs has been dramatically reduced, including a complete elimination of funds for the Michigan Promise Grant program.
The final bill provides a separate section for the University Research Corridor institutions: University of Michigan, Michigan State University, and Wayne State University.
- FY 10 State Higher Education Budget (PA 132 of 2009) (PDF)
- House Fiscal Agency Analysis (PDF)
- Senate Fiscal Agency Analysis (PDF)
Additional Links
- FY 09 State Higher Education Budget
- FY 08 State Higher Education Budget
- FY 07 State Higher Education Budget
- FY 06 State Higher Education Budget
- Background Briefing: Higher Education Budget (PDF)
- Frequently asked questions about the Michigan state budget
- Review of the Budget Process
- General information from the State of Michigan Budget Office