Aim to reduce general fund spending by $150 million
I have established an aggressive goal of reducing general fund spending by $150 million dollars. This takes tremendous effort by staff as well as the cooperation of the Legislature. On the savings side, by depositing our one-time surplus of $1.8
billion dollars, we'll build our savings account to nearly $4.3 billion dollars. It's a necessary step to ensure that we can fund essential services tomorrow; and avoid massive "single year" cuts down the road, if and when, faced with tougher times.
