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Governor warns budget remains fragile despite legislative wins
Governor's Office - Boards & Commissions · March 12, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
The governor cautioned that the state budget is not stable, citing a prior $16 billion shortfall, one‑time transfers and an $800 million projected deficit in 2028, and said he will watch revenue forecasts before proposing new taxes.
The governor cautioned that, despite legislative accomplishments, the state's budgetary outlook remains uncertain and not "out of the woods." He pointed to last year's $16,000,000,000 shortfall and said the current budget relies in part on one‑time transfers and draws on reserves that leave a projected $800,000,000 deficit in…
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