Tue December 7, 2010
Another Round of Budget Cuts
The Texas Legislative leadership has sent a letter to state agencies announcing another round of immediate budget cuts. In the letter, Governor Rick Perry, Lt. Gov. David Dewhurst and House Speaker Joe Straus directed each agency to propose another 2.5% in cuts for the remainder of the 2011 fiscal year.
A release today said the cuts were needed, even though sales tax receipts have improved, to prepare for budget reductions in the 2012-2013 biennium.
Even while calling for additional cuts, Gov. Perry had a sunny message:
"Texas' economy remains strong, and as we lead the nation in recovery from the economic downturn, we will continue to ensure that Texans’ tax dollars are spent prudently. Identifying these savings builds on our ongoing call to keep government spending in check so that we can balance our state budget without raising taxes and continue to attract businesses that create jobs for Texans."
You can read the entire letter to state agencies HERE.