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Administration, Fiscal Agencies Reach Consensus on Revenue Estimates

May 16, 2025

LANSING, Mich. – State Treasurer Rachael Eubanks, Senate Fiscal Agency Director Kathryn Summers and House Fiscal Agency Director Mary Ann Cleary today reached consensus on...

Treasury: Average Individual Income Tax Refund Rises to $843, Up 50% in 3 Years

May 15, 2025

Returns for some retirees up by average of $600, for working families up $900, total of more than $2.98 billion in refunds delivered to Michiganders State individual income tax...

Michigan Unclaimed Property Rolls Out Refreshed Website

May 13, 2025

While trees are in full bloom and many Michiganders are in the midst of spring cleaning, Michigan Unclaimed Property is also getting into the act, rolling out a fresh new look a...

Calculation of State Individual Income Tax Rate Adjustment for 2025 Tax Year; State’s Individual Income Tax Rate Remains at 4.25%

May 01, 2025

State Treasurer Rachael Eubanks, Senate Fiscal Agency Director Kathryn Summers and House Fiscal Agency Director Mary Ann Cleary today published their calculation about whether a...

State Treasurer Announces Grants for Distressed Municipalities

April 30, 2025

LANSING, Mich. – State Treasurer Rachael Eubanks today announced a total of $2.5 million is being awarded to 13 municipalities through the Financially Distressed Cities, V...

Date Set for May Consensus Revenue Estimating Conference

April 25, 2025

LANSING, Mich. – The Michigan Department of Treasury today announced that the May Consensus Revenue Estimating Conference (CREC) will be held on Friday, May 16, 2025, in t...

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