cutbacks

Ritter shows care, uses federal funds wisely in balancing budget

Type: Email Communications
Published Date: October 28, 2009
Author: Buchanan, WadeJones, Rich

Gov. Bill Ritter presented a plan to the Joint Budget Committee today that closes an additional $271 million shortfall in the state budget for fiscal year 2009-10.

When combined with the $320 million in cuts he proposed in August, it eliminates a gap projected to be $589.4 million below September's revenue forecast.

Ritter used a mix of one-time cuts, transfers and federal funds to balance the budget.

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