Skip to main content

Budget has shortfall of $892 million

The brokers seeking to solve the state’s budget problems have found one major point of agreement â?? push many of them into the next budget.

The 2007-09 budget agreement approved by a legislative committee Monday would leave a potential shortfall of $892 million in the 2009-11 budget, according to the Legislature’s budget office. The budget, which is 114 days late as of this morning, is expected to be voted on and approved today by the full Legislature.