Snyder signs 2013 budget
LANSING – Gov. Rick Snyder today signed legislation enacting Michigan’s fiscal year 2013 budget, which invests in key priorities and helps to ensure the state’s long-term stability. This is the second year in a row that the governor and his legislative partners have delivered a structurally balanced budget well in advance of the fall deadline.
“This balanced, thoughtful and timely budget ensures that taxpayers get value for their money,” Snyder said. “It continues the sound financial principles we adopted last year that now allow us to make strategic investments in our state’s future. We’ll be a stronger Michigan because of it. Let’s build on this achievement by moving forward with relentless positive action so that Michigan becomes a national model of job creation, innovation and prosperity.”
Snyder commended Senate Majority Leader Randy Richardville, House Speaker Jase Bolger, Senate Appropriations Committee Chairman Roger Kahn and House Appropriations Committee Chairman Chuck Moss for their leadership in delivering a strategic, fiscally responsible budget.
“The Legislature and governor have again finished the budget well ahead of the deadline, balancing difficult choices with an eye to the future,” Richardville said. “It is in sharp contrast with the past decade and that effort is beginning to pay off. We have paid down debts and liabilities and still found ways to support priorities like education. Our work is not done and I look forward to continuing our path of making Michigan a better place to live.”
“This is a budget that is good for taxpayers because this budget is about making government more effective, accountable and efficient,” Bolger said. “This has been a true team effort to accept no excuses and just get the job done. By working together, we kept public safety and education as priorities while paying down long-term debt, putting money into savings and providing tax relief for all Michiganders.”
“This is the second year of what I call an AAA budget,” added state Budget Director John Nixon. “We’ve got our budget in balance, we are solving our long-term liabilities and we are saving for the future. By making strategic investments and keeping fiscal responsibility at the forefront of what we do, we have left the dark days of budget deficits behind. We’ve come a very long way in less than two years.”
The omnibus budget bill now is Public Act 200 of 2012 and the education budget is P.A. 201 of 2012.