Posts tagged: budget surplus
Mow, hoe, trim and water. That's Rep. Maxine Bell's routine during the summer at her home in Jerome. It also describes her role as a co-chair of the Legislature's budgeting committee - with a lot of whacking and slashing thrown into the mix. In recent years, the slashing has gone through the summer with holdbacks, or the threat of holdbacks. That's not the case this year, which makes Bell and others involved in budgeting rest easier these hot summer days. Thanks to an improved revenue picture, Idaho at long last has some predictability and stability in state government and there will not be a holdback this year. “That's a relief,” Bell said. “At the end of every session, we can only hope that we did our job well enough to avoid a midyear budget holdback”/Idaho Statesman Editorial Board. More here.
Question: What do you think the state should do with its $92.5 million budget surplus?
Gov. Butch Otter is rejecting the notion that a projected $162 million in unexpected revenue means the 2014 Legislature should aim to boost spending. Otter said he’s “bound and determined that the government is not going to grow back at the same rate that the economy grows” and said the lessons of the Great Recession prove government can do with less by exercising fiscal discipline, co-locating agencies and engaging in partnerships outside of government. “That all suggests to me that there’s no reason to go back to the old way of doing things: because we got a little extra money, let’s spend it,” Otter said in a Tuesday afternoon meeting with the Idaho Statesman editorial board/Dan Popkey, Idaho Statesman. More here.
Question: Sounds like Gov. Otter is proud of Idaho's ranking as second-to-last state in the nation for spending per capita on public school students. Am I reading this right?