Page 7 - LRCC November 2025 FOCUS
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State Budget Brings Long Term
Investments and New Challenges
ichigan’s Fiscal Year 2025-26 budget, finalized The budget also calls for state departments to prioritize
in early October, represents one of the largest in person work and maintain up to 80 percent
Min state history at nearly 81 billion dollars. The occupancy in government buildings, an important step
spending plan delivers record per pupil funding for K-12 toward revitalizing downtown Lansing’s economy.
education, modest increases for higher education, and
a new long term road funding framework aimed at However, the plan also tightens funding for several
addressing Michigan’s infrastructure needs. employer driven programs. The Going PRO Talent Fund
faces reductions, and no new deposits were made to the
The transportation package, expected to raise roughly state’s major incentive tool, the SOAR Fund. Additionally,
1.8 billion dollars annually at full phase in, prioritizes local revenue sharing to local governments remains flat.
roads and includes updated fuel taxes, electric vehicle
registration fees, and targeted transit investments. The Lansing Regional Chamber of Commerce will
For the Lansing region, this creates opportunities to continue working with partners across the region to
accelerate long delayed improvements and strengthen help employers leverage new infrastructure investments,
regional mobility. advocate for restored training dollars, and ensure
the Lansing area remains positioned for
sustainable growth. u
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