| FY 2000-01 MICHIGAN STRATEGIC FUND
BUDGET - BOILERPLATE HIGHLIGHTS |
| Changes from FY 1999-2000 Year to
Date: |
| 1. Standard Language. The Governor
recommended deleting the following standard sections: Grants Funding, Use of
FTE's and Funding, Retention of Reports Funded from Part 1, Deprived and Depressed, Buy
American, Internal Auditor
Report. The House and Senate recommended reinstating: Grants Funding, Deprived and
Depressed, Buy American,
Internal Auditor Report and added Affirmative Action Language. |
| 2. Economic Development Job Training Grants.
The Governor recommended deleting the 70% funding level
requirement for Community Colleges and adding new language allowing the Agency to use 1/3
of the total appropriation
for worker recruitment when the unemployment rate is below 6% annually. The House retained
the current year
language. The Senate increased administrative amounts to 5% and added 12% administrative
cap on grant recipients,
deleted all web based language, deleted some reporting requirements for recipients, and added
new language allowing
$1,000,000 for recruitment. (Sec. 401) |
| 3. Life Science Corridor. The Governor
recommended adding the VanAndel Institute to the first category of grant
funding which provides funding for basic research projects. The House added new language
providing the Steering
Committee the authority to make adjustments to the category funding percentage amounts,
based on demands within a
category, and the quality of applications. The House and Senate eliminated all references to
the VanAndel Institute and
replaced it with "Michigan non-profit private research institutes". (Sec. 410) |
| 4. Small Business Support Organizations.
The House added new language allowing the Agency to allocate up to
$1,000,000 from the Job Creation Services line item to small business support organizations.
The Senate changed this
language to provide the funding to the SBDC Network Headquarters at Wayne State University
which would distribute
the funds based on established criteria, collect data, and submit financial reports to the Fund.
(Sec. 411) |
| 5. Foreign Offices. The House and
Senate revised the current year language to require the Agency to report on any
decisions to eliminate any foreign outreach personnel. (Sec. 412) |
| 6. Promotion Program. The Governor,
House, and Senate deleted language prohibiting the use of funds appropriated
for the Michigan Promotion Program from being used for non-tourism-related
projects. |
| 7. Strategic Fund Report. The Governor
eliminated the language requiring the Agency to report on all activities
financed from the Strategic Fund using investment or Indian gaming revenue. The House and
Senate retained this
language. (Sec. 403) |
| 8. Promotion Funding for Northeast Side and Cultural
Tourism. The Governor deleted language designating
$200,000 of Promotion funding be used to promote tourism in the northeast region of the State
and requiring that 25% of
the funding be used to promote cultural tourism activities in the State. The House retained the
25% for promoting
cultural tourism requirement, and added new language prohibiting the Agency from using
promotional funding for
advertising materials that involve personal effects with the exception of Travel Michigan. The
Senate restored the
$200,000 set aside for the northeast side of the State (Sec. 405) and concurred with new
advertising material language.
(Sec. 413) |
| 9. Private Fundraising. The Governor,
House, and Senate deleted language requiring that all private fundraising be
conducted through the Michigan Economic Development Foundation and prohibiting State
employees detailed to
fundraising from being party to decisions regarding the awarding of grants or tax abatements.
|
| 10. Options on Land. The Governor
deleted language specifying the conditions under which the MEDC can purchase
options on land. The House and Senate retained the current year language.
(Sec.409) |
| 11. Lapse Language. The Senate added
new language requiring the Fund to return to the General Fund any
unencumbered or unexpended balance at the end of the fiscal year and requiring any
encumbered balance be used for the
same purpose as the original appropriation. (Sec. 415) |
| 12. Compliance Language. The Senate
added new language requiring the Fund and the Michigan Economic
Development Corporation to comply with the Freedom of Information Act, Open Meetings Act,
audits of all financial
records by the Auditor General, and all reports required by law submitted to the Michigan
Legislature. (Sec. 416) |
