And there might be more to fix than just $1.8 billion, because that number doesn’t count several other funds are going to be in the red and in need of repair. We already know that the state’s Medicaid programs were slated to spend $93 million more than expected when it last reported information in June, and the Medicaid Trust Fund ended the last fiscal year with a cash balance of -$201.7 million. There is also a $20 million shortfall in the Veterans Trust Fund that has to be fixed in the next budget, and a Transportation Fund deficit that could well reach $1.1 billion.
Via That $1.8 billion budget deficit? It could be even worse @ Jake’s Economic TA Funhouse.