HELENA – Gov. Brian Schweitzer’s office says the state budget is perilously close to a projected deficit, giving the governor the authority to start chopping agency spending.
Agencies on Friday were sending the governor’s office blueprints for cuts of up to 5 percent. Schweitzer says both he and his budget director will review them.
The governor says he is not sure how close to the 5 percent figure will actually be cut.
But Schweitzer says the state still has $324 million in the bank right now, even though the projected balance by the middle of 2011 is just $5 million.
The governor says he will start cutting now to make sure the state stays in the black.