Predictions For A Budget Shortfall In 2014
Moscow, Idaho (Associated Press) The state budget is predicted to come up short in 2014, which could make it challenging to maintain existing programs.
Republican Rep. Maxine Bell of Jerome is the Co–Chairwoman of the Joint Finance–Appropriations Committee. Bell received an update on general fund revenue and expenditures during a tour of the University of Idaho this week. She tells the Lewiston Tribune that it looks bleak. She says earlier this year it looked like the state had sufficient revenue to provide a $36 million tax cut as well as give state employees a 2 percent raise. But now it looks like rather than starting the fiscal year with a $70 million to $100 million beginning balance, the 2014 budget will start from zero. Comments ( |
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