Thursday, January 14, 2010

PA Budget Continues to See Changes

With the FY2010-2011 budget address drawing near, work on the FY2009-2010 budget has not yet drawn to a close. After 101 days without a budget and the signing of a table games bill just last week, funds have now been moved from budgetary items to a budgetary reserve, which means they cannot be spent. Cuts include:
32 line items, including New Choices New Options, have been fully cut.

These changes to the budget have been made following lower state revenues than projected. Budget cuts are expected to save about $161 million, with Governor Rendell projecting a deficit of $450 million by year's end. The remaining budget gap is expected to be made up with gaming license fees and some prior-year money.

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