Governor Pete Ricketts says he does not have any plans, right now, to call a special session on the budget.
“We’re going to continue to monitor it,” Ricketts told reporters at a news conference. “Obviously, we’re tightening our belts in the agencies and we’ll take appropriate action as we think are necessary.”
The state ended last fiscal year $95 million short on expected revenue and July receipts were down too, about $19 million.
Ricketts would not say what would prompt him to call a special session.
He says the budget office is closely monitoring incoming revenue and how well expenses are controlled.
“If you look in the past when they’ve called special sessions to address the budget, they haven’t had that,” he says. “So, we’ve certainly got more flexibility right now than they’ve had in the past when they’ve had to call special sessions.”
The situation is not causing Ricketts to write off the possibility of more tax relief next year.
“Everything we want to do regarding how we want to spend our money, tax relief, and so forth, has to fit within the confines of our budget,” he says. “We’ll see how the budget develops over the course of the next several months and how the revenues develop, and we’ll make the appropriate decisions.”