Georgia state revenue down; Perdue wants cuts

Tools

Georgia state revenue down; Perdue wants cuts

Story Published: Aug 11, 2008 at 3:09 PM EDT

Story Updated: Aug 11, 2008 at 3:09 PM EDT

ATLANTA (AP)- Gov. Sonny Perdue says state revenue collections
for last month fell 6.6 percent from this time last year.

Revenue for the first month of the 2008-2009 fiscal year totaled
$1.2 billion, a decrease of $86.4 million from the same month a year ago.

State officials are slashing department budgets and withholding tax cuts for homeowners in light of a projected budget shortfall of $1.6 billion this fiscal year, which began July 1.

Perdue has ordered cuts of 6 percent and will defer state employee pay raises planned for January to deal with the shortfall.

There are exceptions for the Department of Education, which likely will be cut 2 percent, and the state Medicaid program, which is expecting cuts of 5 percent.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

User Agreement

View comments

The following comments do not necessarily represent the views of WAGT. Users have agreed to these terms and in doing so accept full responsibility for their comments. Moderation is limited.

Add a comment

Name:

Comment: 500 Characters Left

WAGT and its affiliated companies are not responsible for the content of comments posted or for anything arising out of use of the above comments or other interaction among the users. Comments are posted on site immediately and without station moderation. If you feel a comment is inappropriate you may flag it for review. For guidelines on flagging comments see our Terms & Conditions. We reserve the right to screen, refuse to post, remove or edit user-generated content at any time and for any or no reason in our absolute and sole discretion without prior notice, although we have no duty to do so or to monitor any Public Forum.

I have read and agree to the terms

Hide comments

More Good Stuff

WAGT Weather

Click here for 7 Day Forecast
Icon
Current Temp 67.0 °F
Fog/Mist
More Weather

WAGT Weather

On Demand

This content requires the latest Adobe Flash Player and a browser with JavaScript enabled. Click here for a free download of the latest Adobe Flash Player.

Viewer Poll

Do you think Aiken County's blue laws should be repealed?

  • Yes
  • No
  • I'm not sure

What's On Tonight Full Schedule