Outlook: Not sunny | Arkansas Blog

Friday, April 25, 2008

Outlook: Not sunny

Posted By on Fri, Apr 25, 2008 at 2:07 PM

Nationwide, state tax revenues are softening as signs of recession grow. One report here.

Stateline.org says 23 states face budget gaps in 2009.

As you know, Gov. Mike Beebe has ratcheted back spending more than $100 million as a safety precaution, a relatively small tweak percentagewise that nonetheless feels bone-deep to many institutions, such as colleges.

The stateline.org report, mapping the national outlook, lists Arkansas among the "concerned" states, as opposed to stable, optimistic or pessimistic about budget outlooks.

I'd say so. With $100 million in budget cuts, and the potential for more if revenue starts sliding, it's hard not to think of the path the state has had to walk before -- hiring freezes for starters. In short, dollars=people in state government.


Sign up for the Daily Update email
Favorite

Comments (3)

Showing 1-3 of 3

Add a comment

 
Subscribe to this thread:
Showing 1-3 of 3

Add a comment

More by Max Brantley

Readers also liked…

  • Trump immigration protest at LR: Quick and fierce

    It was not even 24 hours ago that Sophia Said, director of the Interfaith Center; City Director Kathy Webb and others decided to organize a protest today of Donald Trump's executive order that has left people from Muslim countries languishing in airports or unable to come to the US at all — people with visas, green cards,a  post-doc graduate student en route to Harvard, Google employees abroad, families. I got the message today before noon; others didn't find out until it was going on. But however folks found out, they turned out in huge numbers, more than thousand men, women and children, on the grounds of the state Capitol to listen to speakers from all faiths and many countries.
    • Jan 29, 2017
  • French Hill votes against disaster aid to Puerto Rico

    Republican U.S. Rep. French Hill alone among Arkansas's House delegation voted last week against a measure that provided $36.5 billion in disaster aid, a portion  for hurricane-ravaged Puerto Rico as well as money for wildfire response and to support the flood insurance program.
    • Oct 14, 2017
  • Campus gun bill clears committee

    The so-called compromise amendment that will allow anyone 25 or older with a training certificate carry a concealed weapon on public college campuses was approved in a Senate committee this afternoon.
    • Feb 21, 2017

Most Recent Comments

 

© 2018 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation