Treasury Talk Podcast

Join Michigan's State Treasurer Rachael Eubanks and returning guest, Chief Economist and Director of Treasury’s Office of Revenue and Tax Analysis Eric Bussis, as they discuss May's Consensus Revenue Estimating Conference (CREC), Michigan’s latest economic information, and what the economic future may look like for the state in 2025.

 Resources
CREC (May 2024) Conference Materials (Agenda, Presentations, Executive Summary) 

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Michigan's State Treasurer Rachael Eubanks and her guest, Megan Patino, deputy director of the Michigan Education Trust (MET), discuss the many benefits of saving for college or trade school using a Michigan 529 Education Savings Plan. May 29 is ‘529 Day’ and Megan brings awareness to the importance of families investing in education, and ultimately, Michigan’s future.

RESOURCES

• Michigan Education Trust (MET) - Section 529 Prepaid Tuition Savings Plan 
• Michigan Education Savings Program (MESP) - Direct Sold Section 529 Investment Savings Program
• MI 529 Advisor Plan (MAP) - Broker Sold Section 529 Investment Savings Program
• Webinar & Event Schedule
• Celebrate 529 Day!  New and existing customers are eligible for a promotional bonus (note submission deadlines)

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Michigan's State Treasurer Rachael Eubanks and her guest, Scott DeVarona, MiABLE program director,  discuss the benefits of the disability savings program administered by the Michigan Department of Treasury. MiABLE stands for Michigan Achieving a Better Life Experience .

April is ‘Able to Save Month’ and the MiABLE program is designed to help ease the financial burden challenging people with disabilities and their families.

RESOURCES
MiABLE Website 

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Listen to Michigan's State Treasurer Rachael Eubanks and her guest, Veteran and Chief Operations Officer Corey Grant as they discuss leadership best practices for you and your organization.  March is Women's History Month and Rachael and Corey weave 'women in leadership’ into the  conversation.

RESOURCES
Theory X And Theory Y, Douglas McGregor
Harvard Business Review: Leadership That Gets Results
Corey Grant: Circling Home
Women’s History Month 

Recommended books on leadership:

• Deliberate Calm: How to Learn and Lead in a Volatile World 
• Personality Isn't Permanent
• Smarter Collaboration
• Mastering Coaching

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Join Michigan's State Treasurer Rachael Eubanks and returning guest, Chief Economist and Director of Treasury’s Office of Revenue and Tax Analysis Eric Bussis, as they discuss Michigan’s latest economic forecast and the state budget.

SPOILER: Director Bussis predicts our state’s economy will be improving as we move forward, and we can expect to find Michigan ‘strong and stable’ in 2024.

 Resources

•  FY25 Executive Budget Recommendation Documents
• CREC (Jan. 2024) Conference Materials 
• Overall Revenue Forecast

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Guest host and Deputy Public Information Officer Ron Leix converses with Pam Bennett, director of the Bureau of Lean Innovation and Improvement at the Michigan Department of Treasury. Pam's area oversees People & Culture, and Innovation. 

Listen in as Ron and Pam discuss how MI Treasury can be improved, how the department embraces 'constructive conflict' through Change Management, and the role of diversity, equity and inclusion (DEI) in employee training, development and retention. 

RESOURCES

• Treasury Careers 

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Guest host and Deputy Public Information Officer Ron Leix with Treasury Outreach Manager for the Office of Operational Excellence Sarah Rusnell, discuss what both Individual Income Tax AND Business Tax filers need to know for the upcoming 2024 tax season.
Important topics include tax rate changes, tax credits, retirement tax, the Sales, Use & Withholding (SUW) annual filing deadline reminder, electronic filing options, and the NEW option to join the Gift of Life Michigan registry via your tax return!

RESOURCES 

For individual taxpayers:

•  www.etreas.michigan.gov/iit - Individual Income Tax eService (for individual income taxpayers to submit account questions and view refund status)

 For business taxpayers:

• https://mto.treasury.michigan.gov/ - Michigan Treasury Online (MTO) (any person with a legitimate business can file/pay, view/update, and/or manage Treasury registration for one or more business tax accounts)
• www.etreas.michigan.gov/bt - Business Tax eService (for business taxpayers to submit account questions and/or respond to Treasury notices)

For all taxes: 

• www.michigan.gov/taxes (for a variety of up-to-date Michigan taxes information)
• www.michigan.gov/treasuryoutreach (to view the Outreach schedule and sign up for notifications when future Treasury tax education events are scheduled) 

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Two Friends Talking: Join Chief Deputy Treasurer Jeff Guilfoyle (sitting in for Treasurer Rachael Eubanks) as he converses with his long-time colleague Glenn White, Deputy Treasurer for Revenue Services. The two discuss Glenn’s mid-life career change, his toughest challenges as Deputy Treasurer, and Glenn’s legacy of leadership within the Michigan Department of Treasury.

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Join host Treasurer Rachael Eubanks and her guest, Alyson Hayden for a thought-provoking discussion on state bonds and credit ratings. Alyson is the director of the Bureau of State and Authority Finance which manages the various bonding and debt programs overseen by the Michigan Department of Treasury. 

Bonding and credit ratings are tied to growing Michigan’s infrastructure and to our state’s continued fiscal health, and Alyson and Rachael discuss how both considerations directly impact all Michiganders.

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Join host Treasurer Rachael Eubanks and her guest, State Budget Office Director Chris Harkins as they discuss how the FY24 budget will affect Michiganders.   

The bipartisan budget funds programs and services that will benefit residents, while delivering targeted tax relief and investments to improve the lives of the people of our great state. This budget follows through on Governor Whitmer’s plans to grow the economy, lower costs, focus on kitchen-table issues, and help anyone “Make It in Michigan.” 

RESOURCES 

• State Budget Office and final signed budget bills
• House Bill 4437 (general budget)
• Public Act 103 of 2023 (education budget)

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