Tuesday, January 12, 2010

No Raises Next Year

Governor Mike Beebe’s proposed balanced budget for the 2010-11 fiscal year contains no raises for state employees, according to state Department of Finance and Administration Director Richard Weiss.

State employees were to have received a 2.3% pay increase, but all raises are suspended in Beebe’s proposed budget, Weiss told the legislative Joint Budget Committee on the first day of budget hearings in preparation for the Legislature’s first-ever fiscal session.

Because of revenue shortfalls, Beebe cut $100 million from this fiscal year’s budget in the fall and announced yesterday that he was cutting another $106 million. No layoffs are expected, the governor said.

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