The state’s revenue numbers continue to struggle. The Governor’s office says collections for May were down more than $200 million, or 14.4%, from the same month a year ago. Bert Brantley is spokesman for Governor Perdue:
Meanwhile, state agencies remain under an order from Perdue to cut spending this month by 25% in order to meet a balanced budget.
"It’s all relative...14.4% down is better than 20% down, but it’s not as good as 0% down or even an increase. This is the reason why we’ve had to cut spending...this is the reason why we’ve had additional cuts even since the Legislature has come in."For the fiscal year set to end June 30th, collections are down 10-percent. Because of that, the state’s reserves are being tapped to make up the difference.
Meanwhile, state agencies remain under an order from Perdue to cut spending this month by 25% in order to meet a balanced budget.
