BTC Report: The Governor’s Proposed Budget
Tuesday, May 20th, 2008Governor Mike Easley’s recommended state budget for the 2008-09 fiscal year, which begins July 1st, was released on May 12. The governor’s proposal includes $1.2 billion in new spending, as well as spending reductions and excise tax increases to reach a balanced budget. The budget balances recurring appropriations with recurring revenues, resisting the temptation to use the significant amount of one-time funds for recurring expenses.


