Gov. Tim Kaine announces cuts that could total $1.5 billion

"While we’ve seen some positive signs, I’m not sure how much I’m going to take that into account in this adjustment," Kaine said.

Gov. Tim Kaine announced yesterday  that additional state budget cuts will range from $700 million to $1.5 billion.

Kaine will have until August 19 to determine the exact amount of the cuts. He will announce exact amounts to all interested parties by Labor Day, September 7.

"While we’ve seen some positive signs, I’m not sure how much I’m going to take that into account in this adjustment," Kaine said.

Last month Kaine announced that higher education institutions, like UVA and PVCC, should provide plans for a 5, 10 and 15 percent budget cuts.
 

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