Based on recent estimates by economists, projected revenues will come in between $10 million and $110 million dollars above projections due to the improving economy. It is our intention to continue the commitment to fund public education where possible with a portion of the surplus. Some of the surplus will also go into the state’s Rainy Day Fund which has served us well during lean years, and which we have fiercely protected more than some would like in the event the economy doesn’t rebound.
Archive for the ‘Appropriations’ Category
When it comes to dealing with the major problems in the state budget, sometimes the jargon can hold us back from really understanding the issue. Here’s an example: structural imbalance. A radio show host was recently asked what he thought about the structural imbalance and his response was “it is something that would put his [...]