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What is the financial status of Michigan?

Michigan is a Sinkhole State without enough assets to cover its debt. Elected officials have created a Taxpayer Burden, which is each taxpayers share of state bills after its available assets have been tapped. TIAs Taxpayer Burden measurement incorporates both assets and liabilities, not just pension debt. Michigan : State Data and Comparisons data-z.org detail michigan data-z.org detail michigan

How much money does Michigan receive from the federal government?

That year, Michigan received approximately $17.7 billion in federal aid, 32.1 percent of the states general revenues.

How do I get a copy of my Michigan state police report?

Answer: To obtain a copy of other Michigan State Police records, including an incident report, you must submit a written request; this can be done via the Public Records Request Portal. If you choose not to use the Records Request Portal, you may alternatively submit your request by email, fax, or mail. Frequently Asked Questions Regarding Freedom of Information michigan.gov Websites msp about Fr michigan.gov Websites msp about Fr

Does Michigan have an annual report?

The state of Michigan requires all Michigan corporations, LLCs, and nonprofits to file an annual report each year. Michigan LPs, LLPs, and LLLPs arent required to file annual reports. Michigan Annual Report - Free Guide Filing Instructions northwestregisteredagent.com annual-report northwestregisteredagent.com annual-report

How much is the annual report fee for an LLC in Michigan?

Michigan LLC Cost. Forming an LLC in Michigan costs $50the state fee to file the Michigan Articles of Organization. Youll also need to pay a $25 annual report fee every year to keep your LLC active. Cost to Start a Michigan LLC - Northwest Registered Agent northwestregisteredagent.com llc cost northwestregisteredagent.com llc cost

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What is the financial status of Detroit?

The city reported a $161.2 million annual surplus on its income statement. Generally, the city has retained these profits rather than spend them in the fiscal year that follows. The General Fund accumulated surplus or fund balancethe result of annual surpluses saved upequaled $1.2 billion at the end of FY2023.

Is Michigan state in debt?

In the fiscal year of 2022, Michigans state debt stood at about 39.08 billion U.S. dollars. Comparatively, the states debt was approximately 19.44 billion U.S. dollars in 2000.

How much money does Michigan make a year?

In fiscal year 2022, state revenues totaled $87.3 billion. Michigan spent $76.7 billion during fiscal year 2022 to provide services to the citizens of Michigan.

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What is the financial status of Michigan?

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