An earlier news story today reported on the deficit between the Governor’s budget and proposed revenues and the need to use “rainy day” funds to make up the difference.

 

As guest yesterday on the KBBS Morning Show, State Representative Mike Madden said he could see some positive news coming from some of the revenue sources the state depends on…

 

He pointed to increased activity in the coal industry, increasing natural gas prices, and a stable price for crude oil.

 

Another piece of good news reported recently by State Treasurer Mark Gordon was the capital gains received by the state which Madden estimated to exceed $40 million.

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