State Budget Problems Over?

By Paula Hinton

State Budget Problems Over?

June 18, 2010 Updated Jan 1, 2010 at 5:07 PM EDT

INDIANAPOLIS, IN (Indiana's NewsCenter)--Governor Mitch Daniels says he hopes action recently taken will end the need for further state cutbacks in the new year.

Daniels says he can not guarantee there won't be a need for further reductions but if the revenue forecast holds, the state can reach the end of the two-year budget by spending its reserves.

You may recall the Governor recently ordered budget cuts of $300 million dollars for public school corporations as a way to make up for the budget shortfall.

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