State sound fiscally, Weiss says | Arkansas Blog

Wednesday, June 30, 2010

State sound fiscally, Weiss says

Posted By on Wed, Jun 30, 2010 at 6:43 AM

Richard Weiss, state Finance and Administration director, tells Stephens Media the state is in a "good spot" as the fiscal year ends today.

Good is, yes, a relative term after cuts in the budget, unrealized revenue expectations, an administration-directed freeze of most university pay (which only mirrored freezes for most state employees), deferred maintenance at prisons to allow admission of a few more inmates from the long list qualified for a prison cell.

The big question is whether the upturn in revenue will ever arrive, or, alternately, what's the next bruising impact if it does not?

RELATED: At top of NY Times today is story saying that betting on private spending for a recovery — rather than some Keynesian government spending — is a risky bet.


Favorite

Comments (7)

Showing 1-7 of 7

Add a comment

 
Subscribe to this thread:
Showing 1-7 of 7

Add a comment

More by Max Brantley

  • One dead, two wounded in early morning shooting

    KARK's Susanne Brunner reports that one person has been killed and two wounded in a shooting shortly after 1 a.m. this morning near Roosevelt Road and Cross Street.
    • Apr 17, 2019
  • Reality bites at Little Rock City Hall; spending must be cut

    A followup to Rebekah Hall's earlier report on Little Rock Mayor Frank Scott Jr.'s announcement that cuts will be necessary in the city budget in part to pay for "priorities," such as his desire to expand the police force, but also to deal with the reality often mentioned here of stagnant to decling city sales tax revenue. Some quick ideas on that:
    • Apr 17, 2019
  • Speaking of hard times in newspapers: Democrat-Gazette's move to digital

    Word continues to filter in of the Arkansas Democrat-Gazette's pullback from statewide circulation of a print daily edition of the newspaper — the latest from the Hot Springs area, just 50 or so miles down the road from Little Rock. Subscribers there were told home delivery of a print paper would end in May.
    • Apr 16, 2019
  • More »

Readers also liked…

Most Recent Comments

 

© 2019 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation