The governor sat down with reporters today to talk about the budget, and there are some new details. When preparing his budget, the governor is going to use the low recommendation of $712 million from the state funding board. He said, though, that the state will have to cut less than that or more [...]
Archive for December, 2008
New Budget Details
December 18, 2008
What the TBR is Actually Doing Today
December 4, 2008
We have gotten quite a few emails here at WSMV from very concerned college students about the Tennessee Board of Regents new “business model”. Some of the things TBR President Charles Manning outlined at the THEC meeting two weeks ago included the possibility of more online courses and the exploration of a four-day workweek. [...]
State Funding Board
December 3, 2008
The State Funding Board heard revenue estimates today from a variety of different economists around the state. While the range of the cuts differed, most predicted that the economy will finally start turning around towards the middle of next year. For this year though, the news is grim. Finance and Administration Commissioner Goetz told [...]
Tanking Revenues
December 3, 2008
I know I always say the revenue numbers are bad. In November, they were worse. Finance Commissioner Dave Goetz started off today’s state funding board meeting with the preliminary numbers. November revenues were $106.2 million below revenue estimates. That puts the state $323.9 million in the hole through the first quarter of the fiscal year. [...]
