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ing on 5>i54,uuu per year will get a one-time credit of $140, or the maximum allowed rebate of $35 per person. A single person will get their $35 rebate only if he or she makes no more than $17,000 per year. Any person or family making more than these amounts are left out of the package or scaled back in their benefits, and no one benefits until 1990 when returns are filed.
In short, those taxpayers who were most responsible for creating this part of the state surplus due to the 1986 reforms receive nothing for their three year “loan” to the state government.
The Department of Corrections package the Governor laid out also falls short of his pre-session promises to finally do something to help alleviate the overcrowding in our state prisons and local jails.
He is allowing only an additional $33 million to help expand four existing prison facilities and help construct new ones. However, anyone who has followed our prison problems knows that this amount hardly means more than a soft powdering of green dust over a far broader scope of existing needs and does not in fact address future projected overcrowding problems. I will work with our legislative budgeteers to try to find a better way before the end of the session.
The Governor has also socked away $77.5 million as a so-called “rainy day fund” designed to anticipate against a slowdown in the national „ economy or additional tax code changes by Congress. However, I am sure a number of legislators are already rehearsing their own rain dances for the House and Senate Budget Committees to draw funds away from this pot for various election year projects in their own districts.
And other legislators are tapping their shoes over the lottery proceeds slated only for capital improvements by the Governor over the next two years to the tune of $283 million. Some of us would like to see a portion of these lottery proceeds returned to the localities to alleviate their ever-increasing school construction, transportation, and special water and sewer project costs.
95.9%