Nebraska ended last fiscal year with $95M less revenue than expected; Ricketts orders agencies to

[TexasTowelie]

Nebraska ended last fiscal year with $95M less revenue than expected; Ricketts orders agencies to tighten belts

LINCOLN — Nebraska ended its last fiscal year with $95 million less tax revenue than expected, according to a state report released Thursday.

In response, Gov. Pete Ricketts ordered state agencies to tighten their belts and watch their pennies during the fiscal year that began July 1.

But he said there is no need to call the State Legislature back to Lincoln for a special budget-cutting session.

Nor has he given up hopes of cutting taxes during the next two-year state budget period, which will start on July 1, 2017.

Read more: http://www.omaha.com/news/nebraska/nebraska-ended-last-fiscal-year-with-m-less-revenue-than/article_6b13d730-2211-5562-af1c-82da15ca4568.html