Hammon to JFAC: Dec. number ‘missed the mark - question is how much’
Wayne Hammon, Gov. Butch Otter's budget chief, has begun his presentation to JFAC this morning on the governor's proposed budget. "The December revenue numbers are still not final," Hammon told the budget writers. He said the Division of Financial Management "was hoping to get it finalized for the governor yesterday and was unable to do so." He noted, "The December number is not positive, it missed the mark - the question is by how much."
He also noted, "The governor's recommendation is a snapshot in time ... and things will change. And they'll change again when we get the January revenue, and they'll change again by the time we get the budget set."