Governor announces supplemental budget recommendations
December 6, 2018
Governor Matt Mead’s final budget recommendations place an emphasis on higher education, local governments, state employees and public infrastructure.
The supplemental budget recommends expenditure of approximately 1.5 percent of the increased revenue identified by the CREG in October – totaling $148 million in general fund. Most of the recommendations are for one-time expenditures.
If adopted, Mead’s recommendations will allow the state’s rainy day fund (Legislative Stabilization Reserve Account, LSRA) to post an all-time high balance of $1.879 billion. The 2019-2020 biennial budg...