Big cuts expected for state budget

Print More

Legislative leaders and the Douglas administration plan to cut 20 to 30 million dollars out of the state budget for the next fiscal year.

State budget writers and legislators had expected a drop in revenue, but were surprised by the extent of the decline in general fund revenue in March.

Those revenues were 10 percent below a target set for the month of January, even after economic consultants revised revenue forecasts.

The transportation and education funds were also down slightly.

The House has already completed its version of the spending plan. Senate leaders say they will begin making cuts this week, even though final revenue estimates won’t be released until Tuesday.

Comments are closed.