Wednesday, May 13, 2009

Uh, oh! Here they come again.

I made it past the first round of budget cuts, but they're back!

Gov. Timothy M. Kaine said yesterday that the ongoing recession will force even deeper cuts in state spending in the coming months.

Kaine said he has instructed the heads of all state agencies to reduce spending further, because revenues for April, May and June are expected to fall below estimates upon which the budget for fiscal 2009 was based.

That means the state could fall up to $225 million short of the revenue it needs to balance Virginia's budget through the fiscal year that ends June 30.

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