Budget Proposal Released

The Budget Proposal has finally been released.  This is the proposal that was negotiated by the Governor prior to the end of the legislative session (which ended 5/4/16) but was not brought to a vote in either chamber of the General Assembly.  This proposal is expected to be up for a vote in the Senate on Thursday 5/12 and it is not yet known if the House is willing to put this to a vote.

Highlights of this budget bill for State Employees:

more

Potential Budget Agreement Reached

Twenty three hours before the legislative session ends,apparently the Governor and the Democratic leadership at the legislature reached a budget agreement.  We have not seen the agreement other than this condensed version.  The agreement is not yet in the form of a bill, however, it is expected that it will be voted on before midnight tonight (5/4/16).

more

Dems Budget Rejected

With just a few days remaining in the current legislative session, there is a scramble at the Capitol to balance the 2015/16 budget shortfall and the projected 2016/17 budget shortfall. 

Updated revenue numbers fall short of expectations by roughly $40 million.  That sets the current fiscal deficit at $250 million and pushes the FY16/17 defecit to a projected $950 million.

more