Maine's next governor will be saddled with an extra $90 million in bills, needed
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.
Candidates -- Political -- 1994, State finance
"Maine's next governor will be saddled with an extra $90 million in bills, needed" (1994). Maine News Index – Portland Press Herald. 14273.