House Fiscal Agency Approves Quarterly Financial Report Under Chair Bolan

September 19, 2025 | 2025 House Legislature MI, Michigan


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House Fiscal Agency Approves Quarterly Financial Report Under Chair Bolan
The House Fiscal Agency (HFA) Governing Committee convened on September 18, 2025, to review its quarterly financial report, revealing a strong fiscal position as the budget year approaches its end. Chair Bolan confirmed a quorum with four members present, allowing the meeting to proceed smoothly.

Mary Anne Cleary, the director of the HFA, presented the fourth quarter financial report, highlighting that 72% of the budget has been spent to date. After adjusting for a one-time payment related to the House Business Office, the actual expenditure stands at approximately 82%. Cleary noted that the agency remains under budget, with the exception of an overage in equipment rental due to the purchase of new office chairs, replacing those that were over a decade old.

In staffing news, Cleary reported that all anticipated hires have been completed, with the last new employee starting in August. This development is expected to enhance the agency's operational efficiency as it moves forward.

The committee unanimously approved the quarterly report, with no objections raised during the voting process. The next steps include awaiting the upcoming budget proposal, which will be discussed in December.

The meeting concluded with a motion to excuse absent members, further emphasizing the committee's collaborative spirit as it prepares for future fiscal responsibilities. The HFA's proactive management and clear communication reflect its commitment to transparency and accountability in handling public funds.

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