After a Postponement of Treasurer’s Appearance, Senate Budget Committee Hears Testimony on State’s Economic Outlook

By Michael Aron

Members of the Senate Budget Committee listened to one of their scheduled witnesses, Office of Legislative Services Director David Rosen, while the State Treasurer’s appearance was postponed.  Rosen told them the fiscal year 2012 budget is one billion dollars more than fiscal 2011, that it anticipates revenue growth of four percent and that it’s a good news – bad news budget.  The good news being that revenue are growing again.  The bad news that they’ll still be well below the state’s peak revenue years.

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