Budget Target Agreement Sample Contracts
BUDGET TARGET AGREEMENT REACHEDBudget Target Agreement • September 22nd, 2020
Local governments and school districts will be spared budget cutting in Fiscal Year (FY) 2021 under a target agreement on spending parameters reached by legislative leaders and Budget Director Chris Kolb.
Standard Contracts
SENATE FISCAL AGENCY MEMORANDUMBudget Target Agreement • September 10th, 2010
On September 8, 2010, Governor Jennifer Granholm, House Speaker Andy Dillon, and Senate Majority Leader Michael Bishop signed a document that outlined the provisions regarding an agreement on the fiscal year (FY) 2010-11 State budget. This budget target agreement also included provisions related to final action on the FY 2009-10 State budget. This memorandum provides a summary of the budget target agreement and provides updated estimates of the projected FY 2009-10 and FY 2010-11 year-end balances in both the General Fund/General Purpose (GF/GP) and School Aid Fund (SAF) budgets assuming the target agreement is implemented.