Maine's next governor will be saddled with an extra $90 million in bills, needed

Source

Maine Sunday Telegram

Date

8-7-1994

Pages

1A, 14A

Abstract

Maine's next governor will be saddled with an extra $90 million in bills, needed to cover deferred expenses and to pay for new programs passed by the Legislature but not yet funded. The state ended the latest fiscal year with a surplus on paper of $26.6 million, but those funds are already taken by laws directing how surplus money will be spent. Although a strong economy would help the next governor balance the budget, projections for sales and individual income taxes, the two major revenue areas, don't show any surges. Details, related article, positions on the budget put forward by the four gubernatorial candidates.

Subjects

Candidates -- Political -- 1994, State finance

Full text is not available here. Please contact the Library for a copy of the article.

Share

COinS