Governor Perdue Halts Water Supply, Land Conservation Grants

21 08 2008

 

Atlanta Business Chronicle – by Dave Williams Staff Writer

Georgia’s budget crunch is starting to affect the state’s water supply and land conservation efforts.

The Georgia Environmental Facilities Authority announced Thursday that Gov. Sonny Perdue’s budget office has suspended funding for two grant programs approved by the General Assembly earlier this year amid much fanfare.

The move will affect $40 million the governor and legislature earmarked for water supply grants. Much of that money was expected to go toward efforts to build more reservoirs, a key component of the new statewide water management plan lawmakers adopted in January.

Another $10 million in grant funding affected by the order represented the next allocation in Perdue’s land conservation initiative, an effort to safeguard from development open space considered of significant value as a historical, cultural or natural resource.

 

The sluggish economy has sent state tax revenues plummeting in recent months, opening up a projected $1.6 billion budget shortfall that state agencies are being instructed to plug with spending cuts and reallocations of funding to what are considered the most essential programs and services.

 

Read on here.

Advertisements

Actions

Information

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s




%d bloggers like this: