|
Month/Year (click for details) |
Action
Taken |
| May
2012 |
Department
of Technology, Management, and Budget (DTMB - Executive Branch) Develop
Program Policy Guidelines |
|
June 2012 |
Guidelines Sent to Departments
to Draft their Budgetary Requests |
|
September 2012 |
Departments
- Return Budget Requests to DTMB |
|
October and November 2012 |
Departments
- Meet with Governor's
Budget Officials |
|
December 2012 |
Governor's Decisions Made |
|
January 2013 |
Governor's Recommendation
Prepared for Submission to Legislature, Governor's State-of-the-State and
Budget Message Prepared; Consensus Revenue Estimating Conference
Meets |
|
February 2013 |
Budget
Documents Delivered to Legislature - Legislative Action Begins |
|
March - May 2013 |
Legislative Action - Subcommittee
& Committee Hearings, Floor Votes |
|
May 2013 |
Consensus Revenue Estimating
Conference Meets; Budget Targets are Set; Conference Committees Meet |
|
June 2013 |
Governor
Signs (or Vetoes) Bills - May Include Line-item Vetoes |
|
October 1, 2013 |
Fiscal
Year 2013-14 Begins |
|
October 1, 2013 - September 30, 2014 |
Possible Supplementals and
Transfers |
|
September 30, 2014 |
Fiscal
Year 2013-14 Ends |
|
January 2015 |
Preliminary
Book Closings - FY 2013-14 |
|
March 2015 |
Final
Book Closings - FY 2013-14 |
| |
|
Month/Year |
Action
Taken |
| May
2012 |
The Department
of Technology, Management, and Budget (DTMB) begins the process to develop
the FY 2013-14 State budget by preparing program guidelines and directions
for State departments. The guidelines and directions will include assumptions
regarding revenue changes, Federal funds, and economic adjustments. The
guidelines also will include instructions for the preparation of different
expenditure alternatives based on several different assumed levels of appropriations
for each department. |
| |
|
June 2012 |
The DTMB transmits
the program guidelines and directions to each State department with detailed
instructions as to how to complete the documents. |
| |
|
September 2012 |
The State departments
return their budget requests to the DTMB based on the guidelines and directions
received from the DTMB. |
| |
|
October and November 2012 |
The State departments
meet with the Governor and the DTMB to discuss their individual budget requests.
At this stage the rough parameters of the Governor's budget recommendations
begin to develop. |
| |
|
December 2012 |
The Governor
and the DTMB begin to prepare the FY 2013-14 budget recommendations. At
this point the Governor is using a revenue estimate prepared by the State
Treasurer to set the amount of revenue available to fund appropriations. |
| |
|
January 2013 |
The Senate
Fiscal Agency, House Fiscal Agency, and State Treasurer meet to develop
consensus estimates of FY 2013-14 State revenues. This consensus revenue
estimate will be used as the basis for the Governor's formal budget recommendation
to the Legislature. |
| |
| February
2013 |
The Governor
formally transmits his FY 2013-14 budget recommendation to the Legislature.
The recommendation is traditionally delivered to the Legislature at a joint
meeting of the Senate and House Appropriations Committees by the Director
of the DTMB. The Governor's formal budget recommendation to the Legislature
includes a series of appropriation bills to implement the spending recommendations,
revenue bills to implement any tax changes proposed by the Governor, and
a series of other bills that are necessary to implement the complete budget
recommendation. |
| The Governor's recommended
appropriation bills then are introduced in the Senate and the House of
Representatives by members of the Appropriations Committees. Based on historical
tradition, the annual appropriation bills are divided between the Senate
and the House of Representatives. Upon introduction the Governor's recommended
appropriation bills are referred to the Appropriations Committees and are
then referred to the appropriate appropriation subcommittees by the Chairpersons
of the Appropriations Committees. |
| |
| March
- May 2013 |
The Senate
and the House of Representatives debate the Governor's FY 2013-14 budget
recommendation. The Appropriations Committees subcommittees take extensive
testimony on the budget recommendations and develop alternatives or amendments
to the Governor's budget recommendations. |
| These subcommittee recommendations
are reported out of the subcommittees to the full Senate or House Appropriations
Committee. The subcommittee recommendations then are debated in the
full Appropriations Committee and passed on to the full membership of the
Senate or the House of Representatives for final action. Once the appropriation
bills pass the House or the Senate, the bills then go through a similar
hearing and debating process in the opposite chamber. At the same time
that the appropriation bills are being considered by the Legislature, other
revenue or statutory bills that are part of the overall budget are also
being debated and approved by the Legislature. |
| |
| May
2013 |
The Consensus Revenue Estimating
Conference meets to debate and agree upon
updated estimates of FY 2013-14 revenues.
This revised consensus revenue estimate is then used to make final legislative
adjustments on the budget pending before the Legislature. Upon completion
of the revised consensus revenue estimate, legislative leadership meets
with the Director of the DTMB in an attempt to establish final spending
targets for each State department. These meetings are referred to as budget
target meetings. |
| The participants in the
budget target meetings will attempt to develop final appropriation targets
for each State department. These final spending targets are developed using
the latest consensus revenue estimates. The participants in the budget
target meetings also will discuss and attempt to reach agreements on other
overall budget issues including boilerplate issues, revenue bills, and
other statutory changes to be included in the final budget. Upon reaching
agreements on the final spending targets, legislative leadership informs
the Legislature of these spending targets and final conference committee
action on the appropriation bills begins. |
| The conference committees
are expected to ensure that the final level of appropriations in the conference
reports is equal to the appropriation targets established by legislative
leadership. This process helps ensure that the enacted appropriation bills
do not exceed the consensus estimate of available revenues. |
| |
|
June 2013 |
The conference committees
complete action on the appropriation bills and the Legislature approves
the bills and sends them on to the Governor. Upon receiving the appropriation
bills, the Governor has 14 days to sign the bills into law or to approve
the bills with line-item vetoes. |
| |
| October
1, 2013 |
Fiscal Year
2013-14 Begins |
| |
|
October 1, 2013 - September 30, 2014 |
Throughout
the fiscal year time period, the Governor can propose to the Legislature
adjustments in the enacted FY 2013-14 appropriations. These adjustments
can take the form of supplemental appropriation requests or appropriation
transfer requests. Supplemental appropriations add additional appropriations
to the level of appropriations contained in the initial budget. Appropriation
transfers move existing appropriations from one appropriation line item
to another within a department without increasing the overall level of appropriations.
Supplemental appropriations require approval by the entire Legislature and
the Governor's signature to be effective. Appropriation transfers require
approval by both the Senate and House of Representatives Appropriations
Committees to be effective. |
| |
| September
30, 2014 |
Fiscal Year
2013-14 Ends |
| |
|
January 2015 |
Pursuant to statutory
requirements the DTMB releases its initial estimates of the actual year-end
balances in the General Fund and School Aid Fund. These estimates are contained
in a report referred to as the Preliminary Book Closing Report. |
| |
|
March 2015 |
The Department
of Management and Budget releases the final accounting of FY 2013-14 revenues,
expenditures and year-end balances. These data are contained in the State
of Michigan Comprehensive Financial Report. |
| |
