CHICAGO -- Michigan's new school funding program will bring the state close to constitutional tax revenue limits in fiscal 1995, state officials said this week.

Preliminary estimates show that the state would be just $75 million to $150 million under limits imposed by the so-called Headlee Amendment to the Michigan Constitution next fiscal year, which begins Oct. 1.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.