Legislators get details of governor's budget offer
Posted at 4:55 PM on May 16, 2009
by Tim Pugmire
Members of the Legislative Commission on Planning and Fiscal Policy are meeting to go over Gov. Tim Pawlenty's latest budget offer. Here's what they're looking at:
Governor's offer
Saturday May 16
Close the remaining $2.7 billion gap (after line item vetoes) by accepting House DFL level of education payment shift and additional spending reductions.Accept House DFL K-12 shift level
$1.75 billionReduce LGA and related items
$450 millionOther items
$100 million
Renters credit to apply no more taxes paid (i.e. eliminate windfall) @ 50; political contribution refund @ 10; sustainable forest @ 5; PILT payment adjustment @ 8; taconite state aid @ 13; additional compliance @ 14Additional HHS items to be negotiated with legislature including possible use of HCAF surplus for appropriate purposes
$250 millionHigher education reduction
$190 million
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