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Budget Board Delays Further Cuts Amid Revenue Shortfall
South Carolina officials hesitate to order new budget reductions despite a revised $24 million shortfall. Agencies have already absorbed 2.6 percent cuts this year from an $87 million imbalance. The Budget and Control Board will brief the General Assembly on Feb. 19 and seek mitigation options. Comptroller Morris urges using the constitutional reserve fund first to avoid deeper future cuts. House chairman McLellan warns raiding the reserve shifts the burden to next year.
MENTIONED IN THIS ARTICLE
Columbia
State Budget and Control Board
Had the Board Act
James A. Morris
State Board of Economic Advisors
Morris’ Board
General Assembly
Earle E. Morris Jr
Constitutional Reserve Fund