Monday, 30 May 2016

State faces $75 million budget shortfall

In the days following the passage of this year's $3.9 billion state operating budget, Speaker of the House Pete Schwartzkopf said conservative projections were showing $100 million deficit for Fiscal Year 2017, but he said in reality it was probably going to be closer to $150 million or $170 million. Fast forward 10 months, to the height of the state's budget writing process, and it appears the conservative ...
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