Reliable, Trustworthy Reporting, Capturing The Heartbeat Of Our Community

Work on flooding projects not complete

The Appropriations Committee presented its recommendations for the budget to the Legislature this past week. Budget bills were also given first-round approval from the Legislature. Over the interim, the financial status of the current biennium has improved significantly. The variance from the minimum General Fund reserve was estimated at only $0.2 million when we adjourned last year, but has since grown to $133.8 million.

Furthermore, the rainy day fund increased from $322.4 million to $731 million, representing 14% of the budget, the amount advised by financial experts. This can be primarily...

 

Reader Comments(0)

 
 
Rendered 12/17/2024 14:04