Idaho gov cautions agencies after shortfall

AP News
Posted: Dec 08, 2011 1:47 PM
Idaho gov cautions agencies after shortfall

Idaho's governor is cautioning state agencies their budget plans for the next fiscal year could be trimmed after state tax revenues came in about $5.4 million below projections during the month of November.

In a letter Wednesday, Gov. C.L. "Butch" Otter told members of his cabinet that with the new numbers, Idaho is now running $16.2 million behind forecasts for the current fiscal year, which started in July.

Otter says the possibility of a large state surplus is unlikely to play out.

As recently as Dec. 1, the state was expected to end the current fiscal year with $77 million in the bank. And state agencies were already clamoring for the money, submitting $143 million in requests above their existing budgets.