Ashley N. Gearhardt, Ph.D. Professor of Psychology University of Michigan U.S. House of Representatives Testimony
Written Testimony before the U.S. House of Representatives Committee on Ways and Means Health Subcommittee Hearing on “Investing in a Healthier America: […]
UMICH Votes helps U-M community engage in 2024 election
As the 2024 elections approach, the University of Michigan is implementing a variety of measures to ensure all faculty, staff and students are well-prepared to exercise their right to vote.
Guidelines for Political Campaigns and Ballot Initiatives
September 12, 2024 In anticipation of this year’s election on Nov. 5, many members of the University community have asked about their […]
Wolverine Caucus Sheds Light on Healthy Aging in Michigan: Key Findings from the New Michigan Poll on Healthy Aging
Wolverine Caucus, in collaboration with the Institute for Healthcare Policy & Innovation, convened on June 18 to discuss the Michigan Poll on Healthy Aging. The event brought together experts, policymakers, and community stakeholders to explore critical issues facing Michigan’s aging population.
State budget supports U-M’s education, economic development efforts
The Michigan Legislature passed a 2024-25 general fund and education omnibus budget June 27, allocating a modest increase for the University of Michigan Ann Arbor campus’ operations and significant investments in the university’s economic development and innovation efforts, as well as firearm injury prevention and safety.
University, Detroit Regional Chamber announce plans for innovation corridor
The University of Michigan and the Detroit Regional Chamber have unveiled a strategic initiative to foster innovation, technological advancement and economic growth from Ann Arbor to Detroit.
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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