By Lindsay Street, Statehouse correspondent | Like any household budget, rising health care costs are dominating the state’s 2018-19 budget which House members begin debating Monday. Employee health care and government-subsidized health care took more than half of the meager new revenue projected for state coffers for the new budget.
The state is projected to see $492 million in new revenue for the $8.2 billion general fund budget. Of that amount, $326 million is recurring money, meaning it is expected year after year and can provide stable funding for items such as employee benefit increases and pay increases. And that’s where the House’s budget-writing panel has largely directed the pool of new money.
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