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Local governments may have been made "whole" by a new law that gives local governments access to use tax revenue -- upon voter approval -- after the Personal Property Tax (PPT) is phased out three years from now.
But a report released today shows that cities, townships and villages saw its local tax revenue go down a combined $1 billion during a four-year period while total state tax revenue went up during that same period.
The Citizens Research Council (CRC) study shows that while total state tax revenues went from $24.3 billion in 2009 to $25.6 billion in 2012 -- an increase of $1.3 billion -- total local taxes went from $12.6 billion to $11.6 billion.
For the full article, see "Report: Locals Saw $1B Revenue Loss Between '09, '12", Inside MIRS Today, April 15, 2014.
Other topics covered include:
• Detroit's Retirees Win Reduced Pension Cuts In Settlements
• Land Appears To Edge Peters In 1st Quarter Fundraising
• MFF Flyer Targets Agema, Recruits Precinct Delegates
• Hansen Clarke Getting Back In?
• Breen Dropped From McCotter Conspiracy Case
• House Panels To Consider Transportation, Budget Thursday
• Report: Locals Saw $1B Revenue Loss Between '09, '12
• BFS Seeking More Funding, Better Technology
• Where Is Schuette On LGBT Civil Rights?
• Commission Approves Online Training For Alcohol Servers
• Half Of House's Adoption Package Signed
• Pig Owners' Attorneys Fire Back After DNR Appeal
• Calley Attends Burcham Hills Anniversary
Full access to MIRSNews.com is available via the MSU Library electronic resources page. Access is restricted to the MSU community and other subscribers.
Chief executives of publicly traded companies in Michigan make 171 times more than the average worker in the state, and 455 times more than the earnings of full time minimum wage workers, according to the AFL-CIO’s 2014 Executive PayWatch.
The latest list, which tracks CEOs of S&P 500 Index companies, says that the average CEO in Michigan, makes an annual salary of $7,004,386, compared to $40,898 earned by the average worker in the state and to the $15,392 minimum wage workers make on average each year.
For the full article, see David Muller, "Study: Michigan CEOs make 171 times more than average worker; Detroit execs dominate list of highest paid", MLive, April 15, 2014.
Ted Roelofs, "Michigan gets serious about high cost of prisons" : Michigan prisons have increased seven-fold as a percentage of the state's budget since 1980. Michigan also holds prisoners behind bars far longer than other states, a cost that conservatives say the state can no longer afford.
Ted Roelofs, "Judge haunted by 26-year-old conviction" : In 1988, Judge Norman Lippitt sentenced Karen Kantzler to life in prison for killing her husband, who she said was abusive. Lippitt never imagined she would actually spend her life behind bars.
Ted Roelofs, "Conservatives seek to lead on prison reform" : Republicans are rethinking the wisdom of "tough-on-crime" formulas of the past, as they eye alternatives to incarceration.
Derek Cohen and Marc Levin, "Texas conservatives to Michigan: Cut prisons now" : Texas has shed its "throw-away-the-key" mantra for nonviolent offenders. Seven years ago, it invested in drug courts and community monitoring for low-level offenders. The result: crime is way down, so is recidivism. And the state has saved billions in prison costs.
Well it’s official: The cold season of 2013-14 is the snowiest on record for the metro area.
The 3.1 inches of snow that fell Monday night into Tuesday morning brought this season’s total to 94.8 inches, topping the old record of 93.6 inches set during 1880-81.
For the full article, see Tom Greenwood, "Metro Detroit breaks seasonal snowfall record", Detroit News, April 15, 2014.
For the first time since the 1960's, students and members of the public are now once again able to fish the Red Cedar River. During the December 2012 Board of Trustees Meeting, the Board of Trustees lifted the fishing ban. To commemorate the occasion, the DNR released into the Red Cedar River over 3,000 steelhead trout. This act of being able to fish the Red Cedar River will be in affect for three years. At the end of the three years, the Board of Trustees will decide if they will extend the fishing ordinance.
For more information on fishing in Michigan, visit http://www.michigan.gov/fishing
Red Cedar River at MSU to be stocked with steelhead to enhance fishing on campus, Michigan Newswire, April 15, 2013.
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