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EFTA01378357
RDF increased to $386 million or 1.3% of general fund revenues, an increase from only $2.2 million in FY11. This includes a slight drawdown to fund the Detroit Bankruptcy Settlement (—$195mm). Additionally, the State is budgeting for the RDF to grow to $611mm by FY16. Debt levels are low, with a debt per capita of $758 (34," nati
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