%PDF-1.1 % 12 0 obj << /Producer (\376\377\000A\000c\000r\000o\000b\000a\000t\000 \000D\000i\000s\000t\000i\000l\000l\000e\000r\000 \0003\000.\0000\0001\000 \000f\000o\000r\000 \000W\000i\000n\000d\000o\000w\000s) /Creator (Microsoft Word 8.0) /ModDate (D:20000210151624) /Author (Scott Bair) /Title (\011On February 6, Governor Ridge\222s proposed his second budget to the General Assembly. The $32 billion spending package would continue many of the policy characteristics of his first. Program inc\ reases are few, policy directions are conservative.) /CreationDate (D:20000210151624) >> endobj 13 0 obj << /Type /XObject /Subtype /Image /Name /Im1 /Width 301 /Height 252 /BitsPerComponent 8 /ColorSpace 14 0 R /Length 1899 /Filter /LZWDecode >> stream P8$ BaPd6DbQ8V-FcQv=HdR9$M'JeRd]/LfS9m7NgS}?PhT:%GRiTe6OTjU:VWVkUv_XlV;%ZmkeZo[nTsRn׻{_Sap،dvfK-)er&fH =iQEWn; Ceia{^}ow8q+s=ו:o;_My~Vz=? o}_/ ;@pRA!d ,p0P 4- *GDO1XEqzFqьxƑ# - 0"0lIR\⵲*ыe#Rg0G0Gr251 Ml7ͪ8Nl|:LM?D!@ϴ3 Q<&QL]#1'9K+3JӕNQuIQTu=1FԑUUO5{gXմdSռPTu?Na55V cj^UM9 AsUZvmVVR qQ75#wSDuZwqx\6]{J`7%|\vܷ呀Y%vZ˦Y#}Z8U׸LMcj]^twWxUEa^y `kcPӟerY?;RoIg~XZ?fb8mhlZcvFD!NY۷xfb[f۾lѽ;^ЗÞpk _Ro pw%q]sӧ#N G2"[󲎭']kw}}zy6owϛusz]w~}ߢ;϶WV"|? O˨!騻> stream 1 1 1 rg BX /GS1 gs EX 1 0 612 792 re f BT /F3 1 Tf 11.04 0 0 11.04 80.92 38.64 Tm 0 0 0.502 rg 0.001 Tc -0.001 Tw [(600 North T)-8(h)1(ird Street, Harrisburg)12(,)1( PA 17101-)19(1113 )]TJ /F4 1 Tf 21.3478 0 TD 0 Tc 0 Tw (\267)Tj /F3 1 Tf 0.4565 0 TD 0.001 Tc -0.001 Tw [( \(717\) 234-)19(3151 )]TJ /F4 1 Tf 6.7391 0 TD 0 Tc 0 Tw (\267)Tj /F3 1 Tf 0.4565 0 TD [( Fax: \(717\) 234-)18(3153 )]TJ /F6 1 Tf 0 0 0 rg 11.2717 0 TD (1)Tj ET 1 i 70.6 52.8 470.88 -2.16 re f* BT 9.96 0 0 9.96 72.04 580.946 Tm 0.001 Tc 0.002 Tw [(PENNSYLVANIA ECONOM)-19(Y LEAG)8(U)0(E \226 HARRISB)-7(URG)8( OFFICE )]TJ 12 0 0 12 384.4 581.123 Tm 0.007 Tc [(www.)7(pe)11(l)5(c)11(a)7(p)3(i)5(t)10(a)7(l)5(.)7(o)7(r)11(g)]TJ 9.96 0 0 9.96 504.04 580.946 Tm 0.006 Tc [(2/)7(9/)7(2000)]TJ ET 70.6 577.44 470.88 -2.16 re f* BT 15.96 0 0 15.96 136.72 541.148 Tm 0 0 0.502 rg 0.001 Tc -0.003 Tw [(Governor Ridge Proposes a \223Good New)-14(s\224 Budget)]TJ /F3 1 Tf 12 0 0 12 72.04 512.264 Tm 0 0 0 rg -0.001 Tc 0.001 Tw [(Governor Ridg)9(e unveiled his proposed budg)9(et for the fiscal y)29(ear beg)9(i)-3(nning)9( J)-12(u)-1(ly)29( 1, 2000 on)]TJ 0 -1.18 TD [(Tuesday)29(,)-1( F)5(e)3(bruary)29( 8. The budg)9(et proposal will be the center of attention for the leg)9(i)-3(slature and a)]TJ T* [(larg)9(e number of interest g)9(r)2(oups and individuals. I)22(n)-1( addition to being)9( a tax)-11( and spending)]TJ T* 0.001 Tc -0.001 Tw [(blue)5(print, the)5( doc)5(ume)5(n)1(t provide)5(s c)5(onside)5(r)4(a)5(b)1(le)5( insig)11(h)1(t into polic)5(y)31( prioritie)5(s in a)5( numbe)5(r of a)5(r)4(e)5(a)5(s)0(.)]TJ T* (This )Tj /F8 1 Tf 2.03 -0.0087 TD 0.002 Tc -0.002 Tw [(Capital Ne)6(ws)]TJ /F3 1 Tf 5.43 0.0087 TD 0 Tc 0 Tw [( summariz)-6(e)4(s the issues in the budg)10(et proposal of concern and interest to PEL)]TJ -7.46 -1.18 TD [(me)4(mbe)4(r)3(s a)4(nd sta)4(ff.)]TJ /F6 1 Tf 14.04 0 0 14.04 277 408.501 Tm 0 0 0.502 rg 0.002 Tc (Overview)Tj /F3 1 Tf 12 0 0 12 72.04 380.024 Tm 0 0 0 rg -0.001 Tc 0.001 Tw [(The Commonwealth\222s budg)9(et proposal for the fiscal y)29(ear 2000-01 would allocate over $40)]TJ T* [(billion from all sources including)9( state funds, federal funds and other revenues. This review and)]TJ T* [(analy)29(s)-2(is concentrates on revenues and spending)9( from the General F)5(und. The General F)5(und)]TJ T* [(recei)-3(ves m)-3(o)-1(st)-3( of y)29(our t)-3(a)3(x)-11(e)3(s and pay)29(s)-2( for m)-3(o)-1(st)-3( of y)29(our st)-3(at)-3(e servi)-3(ces. The t)-3(a)3(bl)-3(e bel)-3(o)-1(w)]TJ T* [(summariz)-7(e)3(s the General F)5(und F)5(i)-3(nancial Statement for the coming)9( fiscal y)29(ear.)]TJ 10.38 -2.36 TD [(2000-2001 General F)5(und F)5(i)-3(nancial Statement)]TJ ET 196.6 293.64 218.76 -0.6 re f* BT 12 0 0 12 160.96 266.744 Tm 0 Tc 0 Tw [(B)7(e)4(g)10(i)-2(nning)10( B)7(a)4(lance)-9746($)-1250(443,879,000)]TJ -0.34 -2.36 TD [(Total Net Revenues)-2251($19,897,700,000)]TJ -2.03 -1.18 TD [(L)21(e)4(ss: Proposed Tax)-10( Cuts)-2250($ 643,500,000)]TJ ET 279.04 222.84 80.88 -0.6 re f* BT 12 0 0 12 155.92 210.104 Tm -0.001 Tc 0.001 Tw [(Available Revenues)-9752($19,254,200,000)]TJ ET 369.04 208.68 80.88 -0.6 re f* BT 12 0 0 12 112 195.944 Tm 0 Tc 0 Tw [(Total Available for Spending)-9739($19,698,079,000)]TJ 1.59 -2.36 TD [(L)21(e)4(ss: Proposed Spending)-9739($19,678,087,000)]TJ ET 369.04 166.2 80.88 -0.6 re f* BT 12 0 0 12 129.52 153.464 Tm [(Projected Ending)10( Surplus)-9750($)-1750(19,992,000)]TJ -3.32 -2.36 TD [(L)21(e)4(ss: Transfer to Rainy)30( Day)30( F)6(und)-9749($)-2250(2,999,000)]TJ ET 402.04 123.72 47.88 -0.6 re f* BT 12 0 0 12 127.84 110.984 Tm [(Projected Ending)10( B)7(a)4(lance)-9745($)-1750(16,993,000)]TJ /F6 1 Tf 72 0 0 72 72.04 679.701 Tm 0 0 0.502 rg (CAPITAL)Tj ET q 171.12 0 0 -142.92 388.84 741.6 cm /Im1 Do Q BT /F10 1 Tf 72 0 0 72 169.24 616.8 Tm 0 0 0 rg ( )Tj /F6 1 Tf 0 0 0.502 rg 0.6 -0.0214 TD (NEWS)Tj ET endstream endobj 16 0 obj << /ProcSet [/PDF /Text /ImageC /ImageI] /Font << /F3 17 0 R /F4 18 0 R /F6 19 0 R /F8 20 0 R /F10 21 0 R >> /XObject << /Im1 13 0 R >> /ExtGState << /GS1 22 0 R >> /ColorSpace << /CS1 14 0 R >> >> endobj 14 0 obj [/Indexed /DeviceRGB 3 24 0 R] endobj 24 0 obj << /Filter /ASCII85Decode /Length 15 >> stream s8W*!5_&h7z~> endstream endobj 26 0 obj << /Length 5827 >> stream 1 1 1 rg BX /GS1 gs EX 1 0 612 792 re f BT /F3 1 Tf 11.04 0 0 11.04 80.92 50.4 Tm 0 0 0.502 rg 0.001 Tc -0.001 Tw [(600 North T)-8(h)1(ird Street, Harrisburg)12(,)1( PA 17101-)19(1113 )]TJ /F4 1 Tf 21.3478 0 TD 0 Tc 0 Tw (\267)Tj /F3 1 Tf 0.4565 0 TD 0.001 Tc -0.001 Tw [( \(717\) 234-)19(3151 )]TJ /F4 1 Tf 6.7391 0 TD 0 Tc 0 Tw (\267)Tj /F3 1 Tf 0.4565 0 TD [( Fax: \(717\) 234-)18(3153 )]TJ /F6 1 Tf 0 0 0 rg 11.2717 0 TD (2)Tj ET 1 i 70.6 64.56 470.88 -2.16 re f* BT /F3 1 Tf 12 0 0 12 72.04 708.824 Tm -0.001 Tc 0.001 Tw [(Governor Ridg)9(e\222s budg)9(et recommends a $399 million increase in spending)9( for nex)-11(t)-3( y)29(ear. This is)]TJ 0 -1.18 TD [(a 2.1% increase in appropriations over last y)29(ear \(ex)-11(c)3(luding)9( transfers to the Rainy)29( Day)29( F)5(und\),)]TJ T* 0 Tc 0 Tw [(which bring)10(s)-1( General F)6(und spending)10( to $19.7 billion.)]TJ 0 -2.36 TD [(The budg)10(et projects revenues to total $19.3 billion, an increase of .5%. This total is net of a tax)]TJ 0 -1.18 TD [(reduction of $643.5 million. Without the proposed tax)-10( cuts, revenue collections for the nex)-10(t)]TJ T* -0.001 Tc 0.001 Tw [(budg)9(et y)29(ear would ex)-11(ceed the present y)29(ear\222s projections by)29( $880.4 million or 3.8%.)]TJ 0 -2.36 TD -0.002 Tc 0.002 Tw [(As has been t)-4(h)-2(e case i)-4(n)-2( t)-4(h)-2(e past)-4( several)-4( y)28(ears, spendi)-4(ng)8( woul)-4(d ex)-12(ceed revenues i)-4(n)-2( t)-4(h)-2(e g)8(overnor\222s)]TJ 0 -1.18 TD -0.001 Tc 0.001 Tw [(budg)9(et. The plan projects spending)9( to ex)-11(ceed revenues by)29( $423.9 million. This difference is)]TJ T* 0 Tc 0 Tw [(funded by)30( an anticipated surplus of $443.9 million from this y)30(ear that would remain after the)]TJ T* [(statutorily)30( mandated deposit of $54 million into the Rainy)30( Day)30( F)6(und. The balance in the Rainy)]TJ T* [(Day)30( F)6(und will rise to $1.1 billion or 5% of General F)6(und spending)10(. The money)30( in this F)6(und acts)]TJ T* -0.001 Tc 0.001 Tw [(as a reserve for future use during)9( more financially)29( difficult times. The g)9(overnor proposed and the)]TJ T* [(General Assembly)29( enacted ex)-11(tra pay)29(m)-3(ents into the F)5(und as part of the budg)9(et in the past few)]TJ T* -0.002 Tc 0.002 Tw [(y)28(ears t)-4(o)-2( reach t)-4(h)-2(e 5% g)8(o)-2(al)-4(.)]TJ 0 -2.36 TD -0.001 Tc 0.001 Tw [(The surplus is due in larg)9(e part to hig)9(h)-1(er than ex)-11(pected revenues of $463.8 million in the current)]TJ 0 -1.18 TD [(y)29(ear. The larg)9(e increase over the orig)9(inal estimates comes from hig)9(h)-1(er receipts from the larg)9(est)]TJ T* [(revenue producers \226 Corporate Net I)22(n)-1(come Tax)-11(,)-1( +$150 million; Sales and Use Tax)-11(,)-1( +$180)]TJ T* [(million; and the Personal I)22(n)-1(come Tax)-11(,)-1( + 110 million. The potential remains for an even hig)9(h)-1(er)]TJ T* [(surplus should collections ex)-11(ceed these adjusted estimates by)29( the end of this fiscal y)29(ear, as has)]TJ T* -0.002 Tc 0.002 Tw [(been t)-4(h)-2(e case for t)-4(h)-2(e past)-4( few y)28(ears.)]TJ /F6 1 Tf 14.04 0 0 14.04 278.44 366.741 Tm 0 0 0.502 rg 0.001 Tc -0.003 Tw (Tax Cuts)Tj /F3 1 Tf 12 0 0 12 72.04 338.264 Tm 0 0 0 rg -0.001 Tc 0.001 Tw [(Governor Ridg)9(e\222s budg)9(et proposes to reduce tax)-11(e)3(s for the seventh y)29(ear in a row with tax)-11( cuts)]TJ T* 0 Tc 0 Tw [(totaling)10( $643.5 million. Specifically)30( these include:)]TJ /F4 1 Tf 0 -1.7487 TD (\267)Tj /F12 1 Tf 0.46 0 TD ( )Tj /F3 1 Tf 1.04 0.0087 TD -0.001 Tc 0.001 Tw [(The rate of the Capital Stock and F)5(r)2(anchise Tax)-11( would be reduced from 10.99 mills to 8.99)]TJ 0 -1.18 TD 0 Tc 0 Tw [(mills effective J)-11(a)4(nuary)30( 1, 2000. I)23(n)0( addition, the ex)-10(isting)10( minimum pay)30(m)-2(ent of $200 would)]TJ T* [(be)4( e)4(limina)4(t)-2(e)4(d)0( - a)4( pa)4(rtic)4(ula)4(r)3( be)4(ne)4(fit to sma)4(lle)4(r busine)4(sse)4(s. The)4( e)4(n)0(tire)4( ta)4(x)-10( would be)4( pha)4(se)4(d out)]TJ T* -0.001 Tc 0.001 Tw [(over the following)9( nine y)29(ears at a rate of one mill per y)29(ear. Estimated saving)9(s - $289 million)]TJ T* 0.001 Tc -0.001 Tw [(this y)31(e)5(a)5(r)4(.)]TJ /F4 1 Tf -1.5 -1.7487 TD 0 Tc 0 Tw (\267)Tj /F12 1 Tf 0.46 0 TD ( )Tj /F3 1 Tf 1.04 0.0087 TD [(A one-time 100% rebate of school property)30( tax)-10(e)4(s \(max)-10(imum of $100\) would be distributed to)]TJ 0 -1.18 TD -0.001 Tc 0.001 Tw [(each homeowner. An additional $6 million can be found in the budg)9(et of the Department of)]TJ T* 0 Tc 0 Tw [(Community)30( a)4(nd Ec)4(onomic)4( De)4(ve)4(lopme)4(n)0(t for proc)4(e)4(ssing)10( the)4( re)4(ba)4(te)4( da)4(ta)4(. Estima)4(te)4(d re)4(ba)4(te)4( -)]TJ T* 0.001 Tc -0.001 Tw ($330 million.)Tj /F4 1 Tf -1.5 -1.7487 TD 0 Tc 0 Tw (\267)Tj /F12 1 Tf 0.46 0 TD ( )Tj /F3 1 Tf 1.04 0.0087 TD -0.001 Tc 0.001 Tw [(Computer buy)29(ers would benefit from two sales tax)-11(-free weeks nex)-11(t)-3( fiscal y)29(ear. During)9( a)]TJ 0 -1.18 TD [(week in early)29( Aug)9(u)-1(st and one in F)5(e)3(bruary)29( around Presidents Day)29(,)-1( no sales tax)-11( would be)]TJ T* [(charg)9(e)3(d on the purchase of new computers. The holiday)29( would apply)29( to non-business use)]TJ T* 0 Tc 0 Tw [(computers only)30(.)0( Estimated saving)10(s - $8.3 million.)]TJ /F4 1 Tf -1.5 -1.7487 TD (\267)Tj /F12 1 Tf 0.46 0 TD ( )Tj /F3 1 Tf 1.04 0.0087 TD -0.001 Tc 0.001 Tw [(The number of people elig)9(ible for ex)-11(emption from the Personal I)22(n)-1(come Tax)-11( would increase)]TJ 0 -1.18 TD [(for the third time in the last three y)29(ears. The income elig)9(ibility)29( limit for each dependent)]TJ ET endstream endobj 27 0 obj << /ProcSet [/PDF /Text ] /Font << /F3 17 0 R /F4 18 0 R /F6 19 0 R /F12 28 0 R >> /ExtGState << /GS1 22 0 R >> >> endobj 29 0 obj << /Length 5336 >> stream 1 1 1 rg BX /GS1 gs EX 1 0 612 792 re f BT /F3 1 Tf 11.04 0 0 11.04 80.92 50.4 Tm 0 0 0.502 rg 0.001 Tc -0.001 Tw [(600 North T)-8(h)1(ird Street, Harrisburg)12(,)1( PA 17101-)19(1113 )]TJ /F4 1 Tf 21.3478 0 TD 0 Tc 0 Tw (\267)Tj /F3 1 Tf 0.4565 0 TD 0.001 Tc -0.001 Tw [( \(717\) 234-)19(3151 )]TJ /F4 1 Tf 6.7391 0 TD 0 Tc 0 Tw (\267)Tj /F3 1 Tf 0.4565 0 TD [( Fax: \(717\) 234-)18(3153 )]TJ /F6 1 Tf 0 0 0 rg 11.2717 0 TD (3)Tj ET 1 i 70.6 64.56 470.88 -2.16 re f* BT /F3 1 Tf 12 0 0 12 90.04 708.824 Tm -0.001 Tc 0.001 Tw [(would be raised from $6,500 to $7,500. I)22(n)-1( effect, a family)29( of four would not pay)29( income tax)]TJ 0 -1.18 TD 0 Tc 0 Tw [(if their tax)-10(a)4(ble income were less than $28,000. Estimated saving)10(s - $16.2 million.)]TJ -1.5 -2.36 TD -0.001 Tc 0.001 Tw [(There appears to be a converg)9(ence of philosophy)29( this y)29(ear on tax)-11( cuts. F)5(o)-1(r the first time, the)]TJ 0 -1.18 TD [(g)9(overnor\222s proposal includes a sig)9(n)-1(ificant reduction for individual tax)-11(p)-1(ay)29(ers \(one-time property)]TJ T* [(tax)-11( rebate\) in addition to business tax)-11( reductions. Prior to the g)9(overnor\222s proposal, the)]TJ T* [(Democratic Caucus of the House of Representatives proposed a packag)9(e of business tax)]TJ T* [(reductions, a major departure from past proposals that focused on tax)-11( reductions for individuals.)]TJ T* [(These new policy)29( positions set up a new dy)29(namic for dealing)9( with the pending)9( budg)9(et surplus.)]TJ T* [(This y)29(ear the debate will focus on how much tax)-11( relief individuals and businesses receive, rather)]TJ T* 0.001 Tc -0.001 Tw [(tha)5(n)1( on whic)5(h c)5(l)-1(a)5(ss of ta)5(x)-9(p)1(a)5(y)31(e)5(r)4( will be)5(ne)5(fit.)]TJ /F6 1 Tf 14.04 0 0 14.04 187.48 536.661 Tm 0 0 0.502 rg -0.003 Tw [(Significant Program)13( Spending Changes)]TJ /F3 1 Tf 12 0 0 12 72.04 508.184 Tm 0 0 0 rg -0.001 Tc 0.001 Tw [(As in past y)29(ears, the budg)9(et proposal includes a number of ex)-11(penditure increases that are)]TJ T* [(meaning)9(f)2(ul to specific people or org)9(a)3(niz)-7(a)3(tions. More important, they)29( paint a big)9(g)9(e)3(r picture of)]TJ T* [(the direction the Governor wants to move public policy)29( during)9( his second term of office. The)]TJ T* 0 Tc 0 Tw [(following)10( reviews the most sig)10(n)0(ificant chang)10(e)4(s proposed in the budg)10(et of interest to PEL)]TJ T* [(me)4(mbe)4(r)3(s a)4(nd sta)4(ff.)]TJ /F6 1 Tf 12.96 0 0 12.96 72.04 421.967 Tm [(Econom)9(ic and Com)9(m)9(unity)-9( Developm)9(ent)]TJ /F3 1 Tf 12 0 0 12 72.04 401.984 Tm [(State funding)10( for the Department of Community)30( and Economic Development would actually)]TJ T* -0.001 Tc 0.001 Tw [(decrease by)29( $17.5 million in the nex)-11(t)-3( y)29(ear when compared to the present y)29(ear. However, this is)]TJ T* [(not a clear indicator of the budg)9(et priorities. The net reduction is due to a sig)9(n)-1(ificant number of)]TJ T* [(\223nonrecurring)9(\224 projects and prog)9(rams and other one-time ex)-11(penditures. These include a nearly)]TJ T* 0 Tc 0 Tw [($50 million reduction in the community)30( revitalization prog)10(ram \(an amount likely)30( to be restored,)]TJ T* -0.001 Tc 0.001 Tw [(at least in larg)9(e part, by)29( the General Assembly)29(\) and $23 million less in funding)9( for two revolving)]TJ T* [(loan fund prog)9(rams that received heavy)29( one-time capitaliz)-7(ation in this y)29(ear\222s budg)9(et.)]TJ 0 -2.36 TD 0 Tc 0 Tw [(Prog)10(ra)4(ms be)4(ne)4(fiting)10( from la)4(rg)10(e)4( inc)4(r)3(e)4(a)4(s)-1(e)4(s)-1( a)4(r)3(e)4( c)4(onc)4(e)4(n)0(tra)4(t)-2(e)4(d)0( in the)4( following)10( thre)4(e)4( a)4(r)3(e)4(a)4(s)-1( of)]TJ 0 -1.18 TD -0.001 Tc 0.001 Tw (economic development:)Tj /F4 1 Tf 0 -1.7487 TD 0 Tc 0 Tw (\267)Tj /F12 1 Tf 0.46 0 TD ( )Tj /F3 1 Tf 1.04 0.0087 TD -0.001 Tc 0.001 Tw [(The nurturing)9( and promotion of technolog)9(y)29( and technolog)9(y)29( companies remains at the head of)]TJ 0 -1.18 TD [(the line. B)6(udg)9(ets of the past two y)29(ears established and ex)-11(panded technolog)9(y)29(-related)]TJ T* [(prog)9(rams. This budg)9(et reinforces the trend by)29( providing)9( sig)9(n)-1(ificant new resources to the)]TJ T* 0 Tc 0 Tw [(Pennsy)30(l)-2(vania Technolog)10(y)30( I)23(nvestment Authority)30(, Technolog)10(y)30( Trade Ports, Customiz)-6(ed J)-11(o)0(b)]TJ T* -0.001 Tc 0.001 Tw [(Training)9(, the B)6(e)3(n F)5(r)2(anklin and I)22(ndustrial Research Centers, and the SciTech Scholars)]TJ T* [(prog)9(rams.)]TJ /F4 1 Tf -1.5 -1.7487 TD 0 Tc 0 Tw (\267)Tj /F12 1 Tf 0.46 0 TD ( )Tj /F3 1 Tf 1.04 0.0087 TD [(Direct investment in job creation will benefit by)30( an increase of $28 million for the)]TJ 0 -1.18 TD [(Opportunity)30( Grant Prog)10(ram and $4 million for machinery)30( and equipment loans.)]TJ /F4 1 Tf -1.5 -1.7487 TD (\267)Tj /F12 1 Tf 0.46 0 TD ( )Tj /F3 1 Tf 1.04 0.0087 TD -0.001 Tc 0.001 Tw [(Finally)29(, a variety)29( of the Department\222s marketing)9( prog)9(rams will receive a sig)9(n)-1(ificant boost.)]TJ 0 -1.18 TD [(Marketing)9( funds benefit business and tourism attraction at the state and reg)9(i)-3(onal levels.)]TJ ET endstream endobj 30 0 obj << /ProcSet [/PDF /Text ] /Font << /F3 17 0 R /F4 18 0 R /F6 19 0 R /F12 28 0 R >> /ExtGState << /GS1 22 0 R >> >> endobj 31 0 obj << /Length 5537 >> stream 1 1 1 rg BX /GS1 gs EX 1 0 612 792 re f BT /F3 1 Tf 11.04 0 0 11.04 80.92 50.4 Tm 0 0 0.502 rg 0.001 Tc -0.001 Tw [(600 North T)-8(h)1(ird Street, Harrisburg)12(,)1( PA 17101-)19(1113 )]TJ /F4 1 Tf 21.3478 0 TD 0 Tc 0 Tw (\267)Tj /F3 1 Tf 0.4565 0 TD 0.001 Tc -0.001 Tw [( \(717\) 234-)19(3151 )]TJ /F4 1 Tf 6.7391 0 TD 0 Tc 0 Tw (\267)Tj /F3 1 Tf 0.4565 0 TD [( Fax: \(717\) 234-)18(3153 )]TJ /F6 1 Tf 0 0 0 rg 11.2717 0 TD (4)Tj ET 1 i 70.6 64.56 470.88 -2.16 re f* BT /F3 1 Tf 12 0 0 12 72.04 708.824 Tm [(Most community)30( development prog)10(rams would continue to be funded at current levels. The)]TJ 0 -1.18 TD -0.001 Tc 0.001 Tw [(ex)-11(ception is proposed new funding)9( for planning)9( assistance. The initiative is in response to the)]TJ T* (work of the 21)Tj 8.04 0 0 8.04 142.24 685.954 Tm (st)Tj 12 0 0 12 147.64 680.504 Tm 0 Tc 0 Tw [( Century)30( Environment Commission. The prog)10(ram would provide an additional)]TJ -6.3 -1.18 TD [($3.1 million for planning)10( assistance on a multi-municipality)30( basis and would train communities)]TJ T* -0.001 Tc 0.001 Tw [(on the requirements of the new economy)29(.)]TJ /F6 1 Tf 12.96 0 0 12.96 72.04 622.607 Tm 0 Tc (Education)Tj /F3 1 Tf 12 0 0 12 72.04 602.624 Tm -0.001 Tc [(Education continues to consume the larg)9(est portion of the state budg)9(et. The focus of this y)29(ear\222s)]TJ T* [(budg)9(et continues many)29( of the initiatives proposed and enacted for fiscal y)29(ear 1999-2000. 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The issue surfaced this past y)30(ear; however, this $20 million version is without the)]TJ T* -0.001 Tc 0.001 Tw [(voucher component that caused a stir previously)29(.)]TJ /F4 1 Tf -1.5 -1.7487 TD 0 Tc 0 Tw (\267)Tj /F12 1 Tf 0.46 0 TD ( )Tj /F3 1 Tf 1.04 0.0087 TD -0.001 Tc 0.001 Tw [(Doubling)9( of the performance incentive g)9(r)2(ants to $33.5 million. These g)9(r)2(ants reward)]TJ 0 -1.18 TD (improvement in academic achievement and effort on a competitive basis.)Tj /F4 1 Tf -1.5 -1.7487 TD 0 Tc 0 Tw (\267)Tj /F12 1 Tf 0.46 0 TD ( )Tj /F3 1 Tf 1.04 0.0087 TD -0.001 Tc 0.001 Tw [(Revising)9( the special education funding)9( formula and providing)9( for a $46.9 million increase.)]TJ 0 -1.18 TD [(The proposed chang)9(e)3( moves the funding)9( formula toward school districts with moderate to)]TJ T* 0 Tc 0 Tw [(low le)4(ve)4(ls of loc)4(a)4(l)-2( we)4(a)4(lth.)]TJ /F4 1 Tf -1.5 -1.7487 TD (\267)Tj /F12 1 Tf 0.46 0 TD ( )Tj /F3 1 Tf 1.04 0.0087 TD -0.001 Tc 0.001 Tw [(I)22(n)-1(creasing)9( funds for financial aid for hig)9(h)-1(er education by)29( $28.6 million or 10%. Smaller)]TJ 0 -1.18 TD 0 Tc 0 Tw [(pe)4(rc)4(e)4(n)0(ta)4(g)10(e)4( inc)4(r)3(e)4(a)4(s)-1(e)4(s)-1( a)4(r)3(e)4( in store)4( for hig)10(h)0(e)4(r)3( e)4(duc)4(a)4(tion institutions. This re)4(fle)4(c)4(t)-2(s the)]TJ T* [(continuing)10( philosophy)30( of funding)10( following)10( the student rather than being)10( tied to the)]TJ T* 0.001 Tc (institution.)Tj /F6 1 Tf 12.96 0 0 12.96 72.04 270.407 Tm 0 Tc [(Environm)9(ental Protection and Conservation)]TJ /F3 1 Tf 12 0 0 12 72.04 250.424 Tm -0.001 Tc 0.001 Tw [(One issue dominates the budg)9(et proposal for environmental prog)9(rams. The Growing)9( Greener)]TJ T* 0 Tc 0 Tw [(initiative\222s second y)30(ear would be funded at $135 million. The authorizing)10( leg)10(i)-2(slation allocates)]TJ T* [(the)4( mone)4(y)30( a)4(s)-1( follows:)]TJ /F4 1 Tf 0 -1.7487 TD (\267)Tj /F12 1 Tf 0.46 0 TD ( )Tj /F3 1 Tf 1.04 0.0087 TD -0.001 Tc 0.001 Tw [($20 million to the Department of Ag)9(riculture for farmland preservation;)]TJ /F4 1 Tf -1.5 -1.7487 TD 0 Tc 0 Tw (\267)Tj /F12 1 Tf 0.46 0 TD ( )Tj /F3 1 Tf 1.04 0.0087 TD -0.001 Tc 0.001 Tw ($50.5 million to the Department of Environmental Protection for watershed and restoration)Tj 0 -1.18 TD (projects;)Tj /F4 1 Tf -1.5 -1.7487 TD 0 Tc 0 Tw (\267)Tj /F12 1 Tf 0.46 0 TD ( )Tj /F3 1 Tf 1.04 0.0087 TD -0.001 Tc 0.001 Tw [($32.5 million to the Department of Conservation and Natural Resources for upg)9(rading)9( state)]TJ 0 -1.18 TD 0.001 Tc -0.001 Tw [(pa)5(rks a)5(nd fore)5(sts a)5(nd c)5(onse)5(r)4(va)5(tion a)5(c)5(tivitie)5(s in c)5(o)1(mmunitie)5(s;)]TJ /F4 1 Tf -1.5 -1.7487 TD 0 Tc 0 Tw (\267)Tj /F12 1 Tf 0.46 0 TD ( )Tj /F3 1 Tf 1.04 0.0087 TD -0.001 Tc 0.001 Tw [($32 million to the Pennsy)29(l)-3(vania I)22(n)-1(frastructure I)22(nvestment Authority)29( \(PENNVEST\) for water)]TJ 0 -1.18 TD (and sewer projects.)Tj ET endstream endobj 32 0 obj << /ProcSet [/PDF /Text ] /Font << /F3 17 0 R /F4 18 0 R /F6 19 0 R /F12 28 0 R >> /ExtGState << /GS1 22 0 R >> >> endobj 34 0 obj << /Length 5073 >> stream 1 1 1 rg BX /GS1 gs EX 1 0 612 792 re f BT /F3 1 Tf 11.04 0 0 11.04 80.92 50.4 Tm 0 0 0.502 rg 0.001 Tc -0.001 Tw [(600 North T)-8(h)1(ird Street, Harrisburg)12(,)1( PA 17101-)19(1113 )]TJ /F4 1 Tf 21.3478 0 TD 0 Tc 0 Tw (\267)Tj /F3 1 Tf 0.4565 0 TD 0.001 Tc -0.001 Tw [( \(717\) 234-)19(3151 )]TJ /F4 1 Tf 6.7391 0 TD 0 Tc 0 Tw (\267)Tj /F3 1 Tf 0.4565 0 TD [( Fax: \(717\) 234-)18(3153 )]TJ /F6 1 Tf 0 0 0 rg 11.2717 0 TD (5)Tj ET 1 i 70.6 64.56 470.88 -2.16 re f* BT 14.04 0 0 14.04 257.32 706.581 Tm 0 0 0.502 rg 0.002 Tc -0.004 Tw [(Budget A)6(n)2(alysis)]TJ /F3 1 Tf 12 0 0 12 72.04 678.104 Tm 0 0 0 rg 0 Tc 0 Tw [(Pennsy)30(l)-2(vania\222s budg)10(et continues to g)10(r)3(ow in step with the state, national and g)10(l)-2(obal economies.)]TJ 0 -1.18 TD [(This g)10(r)3(owth is reflected in the increase in size by)30( more than $4 billion, or 25% since 1994-95, to)]TJ T* [($19.7 billion. 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