Gov. Bill Ritter presented his plan to balance the fiscal year 2009-10 budget today before a packed house at a meeting of the Joint Budget Committee. The overall plan totals $320 million and includes $261.2 million in cuts to the General Fund, $39.8 million in transfers from cash funds and $19 million in other revenues and reserve changes.
We got another dose of bad budget news on Tuesday (1/27). There will be significant cuts this year and next. As lawmakers move forward, we offer some principles we think should serve as guideposts. We will be communicating them each and every chance we get to talk to lawmakers, our allies, the media and the general public.