Gregoire tells state agencies to gird for further cuts
By Voice staff
Less than two months after approving more than $4 billion in cuts to the 2011 – 13 budget, Gov. Chris Gregoire has signaled to state agencies to prepare for more blood-letting.
Gregoire’s message to state agency directors is to prepare for cuts of 5 to 10 percent. The high end would put total cuts at $1.7 billion.
The state will have to await the results of a Sept. 15 quarterly revenue forecast before deciding how to proceed if revenue is indeed down. Estimates put the shortfall at around $500 million
More bad news for the state followed in the week that Gregoire made her announcement to prepare for more cuts. The state’s Economic and Revenue Forecast Council announced that sales-tax receipts were down $9.4 million for the one-month period from July 11 – August 10, or about 0.8 percent below the forecast. Other revenue sources were also down over the same period, and personal income statewide could be down $3.2 billion from projections.
Return to the E-Voice Newsletter for the North-East Region
Less than two months after approving more than $4 billion in cuts to the 2011 – 13 budget, Gov. Chris Gregoire has signaled to state agencies to prepare for more blood-letting.
Gregoire’s message to state agency directors is to prepare for cuts of 5 to 10 percent. The high end would put total cuts at $1.7 billion.
The state will have to await the results of a Sept. 15 quarterly revenue forecast before deciding how to proceed if revenue is indeed down. Estimates put the shortfall at around $500 million
More bad news for the state followed in the week that Gregoire made her announcement to prepare for more cuts. The state’s Economic and Revenue Forecast Council announced that sales-tax receipts were down $9.4 million for the one-month period from July 11 – August 10, or about 0.8 percent below the forecast. Other revenue sources were also down over the same period, and personal income statewide could be down $3.2 billion from projections.
Return to the E-Voice Newsletter for the North-East Region
