Thursday, September 23, 2010

Strickland signs 2nd interim budget - Nashville Business Journal:

gardellaorymiid1354.blogspot.com
Ohio Gov. Ted Strickland on Tuesday signedc a second interim budget to continue state operations from Wednesday throughuJuly 14. The new interim budgett comes after a first one was put in placed to cover operations fromJuly 1, the firsy day of the new two-year budget cycle, through Tuesday. The seven-day interim budget comes as Strickland and stat e Senate Republicans remain at an impasses overthe governor’s proposal to generatre an estimated $933 million over two years by installing video slot machiness at seven horse racing tracks in Ohio. That’s part of a largefr effort to pluga $3.
2 billion budgeyt hole that remains to be close as both sides hurl accusations of partisahn power-playing. Strickland has said he’s reluctantly signing the interim budgetsa and raised questions Tuesdaty afternoon about putting a third interim spendingv planin place. “I’m not sure we can continuwe tofund everything,” Strickland telling reporters the state is widening its budget gap by an estimated $13.
8 millioj a week under the interim The interim budgets generallty provide services tied to the state’s General Revenue Fund with an allocation at abouft 70 percent of last year’s funding which legislators have said is roughlgy in line with proposed cuts under the new That funding level, Strickland said, also sends money to services that will either be reduceds or eliminated under a revisedr budget framework. Senate President Bill Harris, on Tuesday offered up a to take the slots proposalk before voters in November through a constitutionalo amendment but Strickland rejectedthe idea.

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