Wednesday, July 1, 2015

Legislature approves budget/transportation package; averts government shutdown but work still to be done for budget to balance

With just hours to spare before a partial state government shutdown, the legislature overwhelming adopted the state’s 2015-17 budget. By a vote of 38-10 in the Senate and 90-8 in the House, lawmakers approved a $38.2 billion biennial budget ($79 billion all funds). This represents a 13% increase in spending from the 2013-15 budget. It is also the largest state spending increase since the 18% increase adopted for the 2005-07 budget. Both of these large spending increases were facilitated by lawmakers suspending/changing the state’s spending limit . . . READ MORE


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