(Little Rock) (AP) – Arkansas’ governor and legislators plan to split $170 million on various projects across the state, and also shore up the state’s Medicaid plan with $107 million in 1-time money from the state’s surplus.
As legislators try to wrap up their 2013 session, attention has turned to the budget. The Joint Budget Committee on Friday approved project funds for the period beginning July 1.
Gov. Mike Beebe’s projects would total about $100 million while the House and Senate will each split around $35 million.
Committee co-chairman Rep. Duncan Baird says lawmakers would spend $140 million to cover an expected Medicaid shortfall, including $107 million in 1-time funds and $32 million from tobacco settlement money.
Also planned are payments to a Rainy Day Fund and Beebe’s economic development fund.