Beebe announces $106 million budget cut
By The Arkansas Democrat-Gazette
This article was originally published January 11, 2010 at 10:25 a.m. Updated January 11, 2010 at 11:18 a.m.
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Gov. Mike Beebe announced this morning a $106 million state government budget cut.
That’s a cut of 2.4 percent across the board in the general revenue portion of the state budget, he said.
Beebe cited the slowing of state revenue collections as a reason for the reduction in the budget. General revenue has fallen short of collections a year earlier for 11 of the last 13 months.
Beebe in October trimmed the state budget for fiscal 2010 by about $100 million to $4.4 billion. Last week, the Department of Finance and Administration recommended the additional cut.
"Arkansans are being increasingly cautious with their money, and our government must reflect that in our use of tax dollars," Beebe said. "While we still foresee a recovery for our state economy, our spending must match the pace of that recovery to keep our budget balanced."
The governor's office said rainy-day funds will be used to help the Department of Human Services, the Department of Correction and the Department of Community Corrections.
Additionally, education funds will be shifted to maintain the adequacy requirements in public schools.
Comments on: Beebe announces $106 million budget cut
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dman says... January 11, 2010 at 1 p.m.
Now lets watch our legislature to make sure they don't vote themselves a raise and other increases for themselves.
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ARLibertarian says... January 11, 2010 at 1:08 p.m.
Why can't congress show the same constraint?
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thuggetter says... January 11, 2010 at 1:42 p.m.
What our gov really needs to be raising H-- about is the health care bill that his fellow democrats are going to pass off to the states. Obama stated he would not raise taxes on the middle class or poor. What he is not telling the not too smart voter is that once medicaid rolls go up by 20M the states will have no choice but to raise taxes on everyone. No, Obama didn't raise taxes, he can just stand by and blame the governors..The president doesn't lie...........
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jeanhaley72401 says... January 11, 2010 at 3:12 p.m.
I heard that about making sure the legislatures don't vote themselves a raise. I've worked for the state 15 years, and I haven't had any type of raise in 2-1/2 years.
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dman says... January 11, 2010 at 3:15 p.m.
ARLibertarian, Congress will never pass a balanced budget amendment. We just need to watch our legislature to make sure they don't try to get rid of our balanced-budget law so they can spend, spend, spend. It's what has kept Arkansas safer from the chaos that other states have experienced in these hard economic times.
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