My budget does not demand an across the board cut for every agency. And it does not raise
taxes, nor cut our most essential services.
For the last six years, I've staunchly defended a 10 percent reserve—or rainy day fund. But, if our national economy is the weather, then it’s raining—hard.
So, I propose that we draw down our rainy day fund from ten to eight percent---Enough to preserve our high bond rating and help balance our budget.
In the last six years, this legislature and administration worked together to reform how we budgeted capital projects. We left behind provincial views which pitted us against each other. And we began strategic investments into vital statewide projects—building new schools in overcrowded areas, constructing projects to guard precious water resources, and modernizing our roads and highways.
Today, I propose we take the next step.
Working together—my administration, this legislature, and local governments across our state have identified hundreds of stalled or stopped projects—some that have not moved for 3 or more years. I am putting legislative projects and executive projects on the table. I propose that:
If a project creates jobs-keep it.
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