Michigan Budget Set for 2013
Governor Snyder says even with the trade-offs, he's pleased with how it turned out. Video by fox47news.comvideo
Michigan's budget is set for the next year. Governor Snyder signed it into law Tuesday at the Romney Building.
The overall budget is 48.5 billion dollars, up from last year. 75-percent of it will go to education and health and human services.
The Governor says even with the trade-offs, he's pleased with how it turned out.
"It's a balanced budget, it's a financially sound budget," said the governor. "We're putting money in the rainy day account, paying down liabilities, returning dollars to tax payers, hard working tax payers. And we're giving certainty to local governments and schools about what their dollars are going to be. That's a good budget."
This is the second straight year that the state budget has been wrapped up early.