Stamas statement on FY 2023 state budget heading to the governor

LANSING, Mich. — Senate Appropriations Committee Chairman Jim Stamas, R-Midland, issued the following statement after the Senate finalized a fiscal year 2023 state budget plan that increases funding for K-12 schools, reduces debt, and saves resources to provide tax relief for everyone in Michigan:

“This is a responsible budget that puts our taxpayer dollars to effective use to improve our state and the lives of the Michigan people by making significant investments to educate our children, improve our infrastructure, protect our communities, and build a stronger economy — while also reducing debt and saving resources to provide tax relief to struggling Michigan families.

“We have worked hard to finalize a fiscal year 2023 budget that is focused on long-term results and economic growth, improves our local roads, helps train people to address our worker shortage, lives within our means and boosts support for all levels of education, including a historic $2.6 billion increase in K-12 school funding.”

Senate Bill 845 is an education omnibus budget that features a nearly $2.6 billion increase in K-12 school funding and boosts the minimum foundation allowance to $9,150 per student. It also provides $295 million to address student mental health, $305 million in scholarship funding to help address teacher shortages, and $168 million in school safety grants.

SB 845 includes a 5% increase for university and community college operations, $300 million to pay down debt in the higher education retirement system, and $250 million in a fund for a new student scholarship program, details for which will be negotiated this summer.

House Bill 5783 is the general omnibus budget and includes:
• $2.3 billion to help fix local roads and bridges.
• $1.7 billion to fix state highway roadways and bridges.
• $750 million to help local governments meet their pension obligations and free up more funds for critical local services.
• $325 million for a new state psychiatric hospital complex.
• $414.5 million to maintain wage increases for direct care workers.
• $110 million for the Going Pro and Michigan Reconnect training programs.
• $40 million for the Pure Michigan tourism campaign.
• Funding to train and hire 170 state police troopers and train 800 corrections officers.