Gibbons Delays Special Session
New Unemployment Rate Must Be Taken Into Account, Governor Says
POSTED: 1:54 pm PDT June 20,
2008
UPDATED: 2:11 pm PDT June 20,
2008
CARSON CITY, Nev. -- In order to give the Legislative and Executive branches more time to prepare, Gov. Jim Gibbons is pushing back the budgetary special session.Gibbons announced the delay Friday in a statement, saying that the governmental offices need more time to incorporate the high unemployment rate into the plans."Friday’s revelation that unemployment in Nevada has reached levels not seen even in the months following the terrorist attacks of Sept. 11 reinforces the need for this Special Session of the Legislature to cope with our budget crisis," Gibbons said.In a special meeting of the Economic Forum held Friday, members agreed with the projections that the state budget office created for the coming fiscal year, which show a $1 billion shortfall in the current operating budget."This brief delay in the start of the Special Session will give our staff time to crunch the numbers even further and ensure we don’t end up in the same place three months from now," said Senate Majority Leader Bill Raggio.Employment officials also announced Friday that the unemployment rate in Nevada hit 6.2 percent in May, the highest the state's seen since 1994.The three-day special session will begin at 9 a.m. on June 27.
Previous Stories:
- June 20, 2008: Unemployment Rate Hits 6.2 Percent
- June 19, 2008: State May Close Prison Due To Budget
- June 18, 2008: Former State Budget Chair Dies
- June 17, 2008: Gibbons Wants Reports In 1 Week
- June 13, 2008: Gibbons Calls Special Session
- June 12, 2008: Governor Holds Budget Meeting
- June 12, 2008: Regents To Talk $193M Budget Cuts
- June 11, 2008: Gibbons Calls Emergency Budget Meeting
- June 6, 2008: State Uses Caution To Fix Budget
- May 15, 2008: Officials Question Gibbons' Budget Cuts
- May 12, 2008: District Lets Students Talk Budget
- May 6, 2008: Tax Amnesty Plan Would Help Budgetary Shortfall
- May 1, 2008: Gibbons To Bill Fossett's Widow For Search
- April 3, 2008: THE RANT: Budget, Street Signs
- April 1, 2008: Governor: $330M In Budget Cuts Needed
- March 31, 2008: Gibbons: Budget Shortfall Nearing $900M
- March 31, 2008: Gibbons To Release New Budget Info
- March 27, 2008: Official Thinks Layoffs Unavoidable
- February 4, 2008: Owner Closes Silver State Helicopters
- January 7, 2008: Regents Discuss Mandated Budget Cuts
- December 21, 2007: Officials: Education Quality Suffers With Cuts
- December 20, 2007: Gibbons Holds School Budget Meeting
- December 6, 2007: Students Protest Tuition Hike
- December 6, 2007: State Colleges Don't Submit Budget Cut Plan
- December 4, 2007: Chancellor: Budget Cuts Would Cripple Universities
- October 30, 2007: Gibbons Calls Budget Cut Meeting
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