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Gregoire to sign order for budget cuts Monday

Post by Brad Shannon / The Olympian on Sep. 10, 2010 at 3:46 pm with 4 Comments »
September 10, 2010 5:19 pm

Gov. Chris Gregoire is signing an order Monday for across-the-board budget cuts, but the depth of the cuts won’t be known until state revenue forecasters release their quarterly revenue report on Thursday.

Based on lower-than-expected tax collections since the mid-June revenue forecast, the state’s general-fund reserves have fallen to about $84 million for the budget that is supposed to last until June 2011. That means that with any kind of drop in revenues, Gregoire will have to order cuts starting Oct. 1 to keep the state out of red ink over the nine-month period.

“Given the signs we’ve already seen with collections going down and (last week’s) economic update, we’re fairly certain we will be seeing a significant revenue shortfall,” said Glenn Kuper, spokesman for Gregoire’s Office of Financial Management.

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Leave a comment Comments → 4
  1. “across-the-board budget cuts” … Been hearing this threat for months. For some reason, I don’t believe it will happen.

  2. tree_guy says:

    Didn’t she tell us the budget couldn’t be cut any further-that people would die?

  3. slasmith says:

    I find it interesting that she must sign this early so she can go to China. Why do we need to pay to send her to China when we can’t afford essential services?

  4. EatonvilleTaxPayer says:

    Will believe it when it actually happens….and they don’t rehire or create new jobs to replace those cut within a month or two. Hmmmm….more B.S. from Queen Gregoire.

    Yeah…why is it she needs to go to China? Curious to know why she is headed to China and what she hopes to gain to help Washington citizens. Does anybody know the purpose of this trip on taxdollar money?

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