Results for “surplus equity”
9 stories
- policy
Consumers Energy Plans to Sell 13 Aging Dams to Private Equity Firm in Controversial Deal
Consumers Energy plans to sell 13 aging dams to private equity firm Confluence Hydro for $13 total in a deal critics say would cost ratepayers billions over 30 years while generating $270 million in utility profits.
April 8, 2026·Michigan Capitol·3 sources - courts
Supreme Court Weighs Michigan Tax Auction Case That Could Reshape Property Rights Nationwide
The U.S. Supreme Court is deciding whether local governments can keep surplus equity from homes they auction to pay tax debts, or must compensate homeowners for full market value. The case involves a Michigan family who lost their $200,000 home after foreclosure for a $2,000 tax debt they never owed.
April 7, 2026·Michigan Capitol·4 sources - policy
Michigan's $9 Billion Surplus Vanished: What Happened to Lawmakers' Spending
Michigan lawmakers spent a $9 billion surplus on schools, Medicaid, roads and other priorities, but the spending has not produced proportional improvements in education quality, economic growth or public services.
April 7, 2026·Michigan Capitol·3 sources - budget
Where Did Michigan's $9 Billion Surplus Go? State Spending Priorities Over Three Decades
Analysis of where Michigan's $9 billion surplus went over three decades reveals significant increases in spending on schools, Medicaid, roads, and business subsidies, with questionable returns on investment.
April 6, 2026·Michigan Capitol·1 source - budget
Michigan's $9 Billion Surplus Spent: Was It Worth the Cost to the State?
Michigan lawmakers spent $9 billion in surplus funds since 2023, with schools receiving the biggest boost ($5.8 billion), followed by Medicaid ($3.8 billion increase in state spending) and roads ($1.9 billion increase). Critics question whether the spending is delivering value, noting that education quality still lags behind other states and pork spending remains high.
April 6, 2026·Michigan Capitol·1 source - budget
Michigan's $9 Billion Surplus Spent on Schools, Roads, Medicaid as Lawmakers Debate Budget Priorities
Michigan's $9 billion surplus from 2023 was spent on schools, roads, Medicaid, and other priorities as lawmakers debate whether the investment delivered value to Michigan residents.
April 6, 2026·Michigan Capitol·3 sources - budget
Michigan's $9 Billion Surplus: Where Did the Money Go and Was It Worth It?
Michigan lawmakers spent $9 billion in surplus funds over the past several years, with schools receiving the biggest share. But critics question whether the spending delivered value, noting Michigan still lags behind other states in education quality despite massive investment.
April 5, 2026·Michigan Capitol·2 sources - budget
Where Did Michigan's $9 Billion Surplus Go? Heavy Spending Gets Paltry Return
Michigan lawmakers had $9 billion in surplus funds in 2023 but spent it all on schools, Medicaid, roads, and business subsidies—with questionable returns on many investments.
April 3, 2026·Michigan Capitol·2 sources - policy
Consumers Energy's Dam Sale Plan Sparks Controversy Over Public Land Access and River Stewardship
Consumers Energy proposes selling 13 hydropower dams to private equity firm for $13, sparking debate over public land access, river stewardship, and environmental impacts across West Michigan.
April 5, 2026·Michigan Capitol·6 sources