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February 7, 2010
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Gov. Jim Gibbons to address state's budget crisis Monday night

Gov. Jim Gibbons will address the state Monday night in a televised speech designed to tell Nevadans how serious the state's budget crisis is.

The state is looking at an overall gap between revenues and expenses for this current budget cycle of more than $881 million and a potential gap in the next biennium of $2.4 billion.

Gibbons said the address also will lay out some of the things he believes must be done to keep spending in line with the available revenues.

In the half-hour speech, Gibbons is expected to emphasize that

20 percent cuts in general fund spending …

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The Nevada Appeal Updated Feb 7, 2010 01:53AM Published Feb 7, 2010 01:21AM Copyright 2010 The Nevada Appeal. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.