Appropriations
Summary |
Actual[1] |
Recommended |
Savings |
Interdepartmental
Grants/Transfers |
$19,445,300 |
$19,445,300 |
$0 |
Federal
Funds |
$44,296,100 |
$33,597,300 |
$10,698,800 |
General
Fund/General Purpose |
$121,080,800 |
$121,080,800 |
$0 |
Special
Revenue Funds |
$1,776,744,700 |
$1,352,451,200 |
$424,293,500 |
Gross
Appropriation |
$1,961,566,900 |
$1,526,574,600 |
$434,992,300 |
The mission of the Michigan Department of Treasury is to “provide quality financial, tax, and administrative services.”[2]
These functions are necessary for the operation of state government departments and programs. What are not necessary, however, are some of the programs that the Department of Treasury administers.