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May 1, 2009

GOVERNOR BARBOUR SAYS STATE BUDGETING WILL TAKE ‘TOUGH DECISIONS’

Continued revenue shortfalls call for prudent spending

Governor Haley Barbour today called for balanced, conservative budgeting when the Legislature resumes the regular session on May 6.

In a video message, Governor Barbour said revenues continue to fall far short of expectations, meaning that further cuts may be necessary in the current fiscal year. The Governor is crafting a modified executive budget recommendation to present to legislators next week.

“Across the board, economic trends are running against us,” Governor Barbour said. “Actual revenue collections are falling far short of even very recent revenue estimates. Budgets based on these estimates may have to be cut further.”

View the full message at http://www.youtube.com/governorbarbour.