Russell: Otter Orders 1% Holdback
Gov. Butch Otter has ordered a 1 percent holdback in the state budget, cutting $27.3 million mid-year. "Acting in moderation now is the prudent and fiscally responsible thing to do," the governor said at a news conference. He ordered state agencies to hold an additional 1.5 percent of their budgets “in reserve” in case further budget cuts are needed, but didn’t cut that additional amount at this point/Betsy Russell, SR Eye On Boise. More here.