Act No. 144, Public Acts of 2002, p. 1. Spending for this line item was decreased $45,306,783 due to Executive Order 2002-22.
Act No. 144, p. 1-3. Funding for Michigan’s 15 public universities was decreased by $40,388,994 due to Executive Order 2002-22.
Telephone interview with Ellen Jefferies, deputy director of Senate Fiscal Agency by Mackinac Center for Public Policy Research Intern Rachel Hoekstra, Nov. 18, 2002.
Using fiscal year 1984-1985 as the base year, we would index spending to enrollment and inflation, which rose by approximately 2.9 percent and 73 percent respectively from fiscal year 1984 to fiscal year 2003: $759,750,000 * (1+ 0.029 + 0.73). This would yield a total of $1,336,400,250. Thus, using the previously stated formula, the Michigan taxpayer would reap a savings of $279,085,950, as spending for fiscal year 2003 would be decreased from $1,615,486,200 to the indexed total of $1,336,400,250.
Hank Prince, Barbara Graves, “Line Item and Boilerplate Summary: Higher Education Fiscal Year 2002-2003,” p. 2.
Michigan Department of Career Development, “Martin Luther King, Jr. — Cesar Chavez — Rosa Parks (KCP) Initiative,” accessible on the Internet at https://www.michigan.gov/mdcd/0%2C1607%2C7-122--7340--%2C00.html##faq.
Prince, Graves, p. 2.
Prince, Graves, p. 2.
Act No. 144, p. 3. Spending for this line item was decreased $921,259 due to Executive Order 2002-22.
Ibid. Spending for this line item was decreased $794,601 due to Executive Order 2002-22.
Ibid. Spending for this line item was decreased $7,633 due to Executive Order 2002-22.
Ibid. Spending for this line item was decreased $4,128 due to Executive Order 2002-22.
Ibid., p. 4. Spending for this line item was decreased $3,113,177 due to Executive Order 2002-22.