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South Carolina faces tough budget year amid revenue slide
State leaders warn of a 2.96 percent revenue drop to nine billion in 01-02, with as much as 390 million behind estimates. Officials expect annualizations totaling about 270 million next year and Medicaid sharing costs rising 80 to 100 million. Harrell notes possible tax changes and long term shifts while Sanford eyes DMV overhaul and Hodges programs like SilverCard and First Steps eye expansion under federal funds.
MENTIONED IN THIS ARTICLE
South Carolina
Harrellaid
Office of State Budget
Nate
Harrell
Sanford
Hodges
US Department of Health and Human Services