State Has $700 Million Surplus Of Tax Revenue

Some good news on the revenue front in Lansing.

There could be as much as $700 million more in state tax revenue.
And some would like to spend that money on roads, to add to the $1.2 billion plan that was approved earlier this year.

The plan was criticized as being inadequate in the first years as it backloads much of the funding.

Michigan Senate Republican Dave Hildenbrand, chairman of the Senate Appropriations committee, tells The Detroit News he believes putting more money towards fixing the state’s roads is an option that’s on the table.

Others support giving it back in tax relief or putting it into the state’s Rainy Day Fund, a sort of state savings account.