Preliminary figures show the state of Michigan ended the 2012 fiscal year with fund balances of more than $1.2 billion, including a $1 billion surplus in the state’s general fund, according to a Senate Fiscal Agency report Thursday.
Say what you want about the current state government, but under past Governor Granholm, this never happened – much like the present federal government. Heck, our national leaders don’t even have a budget and haven’t for four years. At least that way, they can’t go over budget. What a concept! Genius they are.
