The House-Senate conference report for the Fiscal Year 2005-2006 Department of Labor and Economic Growth. This appropriates $1.273 billion in gross spending, compared to $1.241 billion, which was the FY 2004-2005 amount enrolled in 2004. Of this, $70.3 million will come from the general fund (funded by actual state tax revenues), compared to the FY 2004-2005 amount of $94.5 million. Another $329.8 million is from “restricted funds,” or earmarked tax and fee revenue, compared to $290.5 million the previous year. The budget does not contain $70 million from a proposed $1 billion bond proposal
for “competitive edge technology” enterprises selected by government committees, but similar proposals are likely. Among many other things the bill cuts the Michigan Economic Development Corporation funding by $3 million, and prohibits the department from developing mandatory ergonomic rules.