12:00 am
May 24, 2011
The 2011-13 budget deal announced today includes NGFS+ expenditures of $32.203 billion. That's $237.1 million less than in the House-passed budget, and $77.0 million more than the Senate-passed budget.
According to the budget documents, the proposal includes $4.1 billion in spending reductions, $459 million in transfers to the general fund, $57 million in budget driven revenue, and the unanticipated $200 million from the recent tax amnesty. In the end, $723 million is expected to remain in reserves ($282 million of that in the Budget Stabilization Account).
Some quick items of note: the proposal includes the salary reduction for K-12 and state employees, suspends certain cost of living adjustments, continues the Basic Health Plan enrollment freeze, and makes some Disability Lifeline reforms. Also, as in the House-passed budget, it would shift Medicaid purchasing from DSHS to the Health Care Authority.
Categories: Budget , Categories.