Lee: ‘Metrics’ will be available for lawmakers to plan budget cuts
Gov. Bill Lee says lawmakers will have the revenue data available to plan for further budget cuts when they return into session on June 1.
While the full set of tax collection information usually isn’t released until the middle of the month, the General Assembly won’t have to wait that long to make adjustments to the state’s annual spending plan, the governor told the Daily Memphian over the weekend.
“It’s a challenge to project, but there are metrics which you use to make projections,” Lee said.
The governor said several state economists are assembling data and the State Funding Board will meet again to make recommendations before the legislative session resumes.
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