
Where Does Michigan Spend Its Money?
Michigan spent about $45.7 billion throughout the fiscal year that ended Sept. 30. Here's where the money went:
| CATEGORY | SHARE OF SPENDING |
|---|---|
| Salaries, fringe benefits & other employee costs | 10.9% |
| Contractual services, supplies and materials* | 28.3% |
| Capital acquisitions and rentals | 2.7% |
| Travel | 0.1% |
| Payments to school districts, local units of government and others | 51.3% |
| Payments to colleges, universities | 3.7% |
| Bond principal, interest | 1.7% |
| Information technology | 1.2% |
* Includes Medicaid provider and other healthcare costs
Does that sound about right to you?
Call me today on the Live with Renk show, which airs Monday through Friday 9 a.m. to noon, to let me know your thoughts at (269) 441-9595.
Or please feel free to start a discussion and write your thoughts in the comment section.
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