increase
State Revenues up Significantly in March
Michigan's major taxes netted nearly $1.2 billion in March, up by a whopping 22.3 percent over the same month a year ago, according to the figures released Thursday by the Senate Fiscal Agency.
For the 2007-08 fiscal year to date the state has collected $7.7 billion, up 5.9 percent from the same time a year ago.
The state saw major increases in income tax, sales tax and oil and gas severance tax collections, while dealing with declines in Single Business Tax, use tax and real estate transfer tax collections.
Survey: Secondary school principals’ salaries increase
Survey: Secondary school principals’ salaries increase
By James Michael Brodie
Principals and assistant principals enjoyed significant pay raises in 2007–08, according to a new Education Research Service survey. But whether the increase represents a trend or a spike remains up for debate.
“We certainly hope these numbers will be encouraging to people entering the profession,” said National Association of Secondary School Principals spokeswoman Shana Kemp.
Central Michigan Drops 'Promise' for Students Starting in Fall
Saying it must bow to fiscal realities and a lack of state funding, the board of trustees at Central Michigan University decided Thursday to drop the renowned CMU Promise - that guaranteed students their tuition would not increase for five years - for students enrolling in the fall 2008 class.
The promise would continue for students currently enrolled in the university. But beginning with the class of 2012, when it enters in the fall, tuition rates will be set annually for all students.