GRANHOLM - Granholm Says '05 Numbers "Manageable"; Will Protect K-12 Education


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Granholm Says '05 Numbers "Manageable"; Will Protect K-12 Education

Contact: Heidi Hansen 517-335-6397

May 19, 2005

LANSING – Following today’s revenue estimating conference, Governor Jennifer M. Granholm called the shortfalls in FY ’05 “manageable” and said she would propose a solution to the FY ’06 shortage that protects the K-12 foundation allowance.

“Education is my top priority,” said Granholm. “I am committed to seeing an increase in the K-12 foundation allowance in ’06. We will balance this budget in the same way we’ve eliminated nearly $4 billion in budget deficits before: by reducing costs and protecting our priorities.”

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