University of Michigan making big investments in Ann Arbor. Here’s what’s next
The University of Michigan has tallied it contributed more than $32 million in financial support to the city of Ann Arbor in fiscal year 2025.
Category: Michigan Impact
University of Michigan to help Ann Arbor create railroad ‘quiet zone’ with $15M project
Long before he became the University of Michigan’s vice president for government relations five years ago, Chris Kolb served on the Ann Arbor City Council from 1994 to 2000.
One of the city issues he remembers grappling with back then was the loud noise trains make when passing through the city
U-M contributes over $32M to Ann Arbor, local communities
The University of Michigan provided more than $32 million in financial support to the city of Ann Arbor in fiscal year 2025, averaging $22.8 million annually over the past five years, underscoring the university’s long-standing commitment to the community. This is in addition to investments in other area communities.
Impact: State
State Impact
- ~$203.8 Billion in research funding across University Research Corridor partners
- $332 million in state tax revenue
- Students from every Michigan county, all 50 states, and 99 countries
- ~#1 public research university
- ~13.4 Billion in UM and Michigan Medicine Operating revenue
Impact: Ann Arbor
As of FY2024, U-M owned approximately 9.4% of the land within the City of Ann Arbor*. U-M does not pay property taxes on its land or facilities, but does pay other taxes and makes payments to Ann Arbor including:
- ~$16M water and sewer fees
- ~$5.5M for fire protection, police services, review fees, and capital improvements
- ~$3M in real estate taxes on the lease of ~500,000 square feet in office/research and warehouse space
- ~$24.7M Total payments to Ann Arbor
Impact: Land / Municipality
Community Impact:
- ~$95 million/year in student discretionary spending
- 59% of visitors to Ann Arbor come for a reason associated with the University of Michigan
- ~$28 million in visitor spending per football game
- ~$1.2 million in University of Michigan charitable contributions to health and human services agencies
- ~60% of new companies launched by U-M remain the in Ann Arbor area
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Impact: Washtenaw County
In FY 2024:
- U-M provided over $26 million in scholarships to over 3700 Washtenaw County students attending the University.
- Over 42,000 Alumni lived in Washtenaw County.
- Washtenaw County residents made over 1.1 million visits to University of Michigan hospitals.
- The University of Michigan made over $350 million in purchases from County-based businesses.
- Over 33,000 Washtenaw County residents were employed by the University of Michigan.