Improving Budget News?

While this continues to be a work in progress -- the latest financial projections from our Business Division would indicate at least the possibility that federal stimulus funds and the governor's May Revise may cancel each other out. While that would not bring back employees, programs, etc. -- it would not require additional reductions, etc. to meet the budget for the coming year. The proposals and "clarifications" continue to come via Sacramento. All of this is PRIOR to the legislature discussing and determining what they will do to balance the existing budget shortfalls. Further, this is before the May 19th election that will also have impact on this entire scenario. Nonetheless, this is optimistic news and worthy of being shared.