Monday, June 27, 2011

PA FY 2011 Budget Surplus Hits $675 Million

The fiscal year that began on July 1, 2010 and ends on June 30, 2011 will end with a $675 million budget surplus in Pennsylvania.  That budget was a product of a long fight but time has proven it was a fiscally responsible budget.

The decision to not use any of that surplus in the FY 2012 budget that begins July 1, 2011 to lessen 18% cuts to higher public education and huge cuts to K-12 public education that are forcing teacher layoffs and property tax hikes will damage Pennsylvania's economy and its future.

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