The Michigan Department of Treasury announced the revised projected economic and revenue estimates for the remainder of fiscal year 2025, fiscal year 2026, and an initial forecast for fiscal year 2027. The overall revenue forecast for Jan. 2025, is $33.18 billion, while revenue estimates project a $139 million increase from May 2025 to Jan. 2026. [Mich. Dep’t of Treasury, Press Release, 01/10/25]
This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.
Learn more about Bloomberg Tax or Log In to keep reading:
See Breaking News in Context
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools and resources.