Republican State Auditor Mary Mosiman warns that an $800 million state budget surplus has now fallen to about $80 million because of big property tax cuts and a new teacher leadership program.
She warns against new multi-year commitments, now that state tax receipts have dwindled.
Mosiman says when lawmakers passed the big programs, the state could afford them.
“It’s taxpayer money and we need to do something with it,” Mosiman says. “So they put it to use with the multiyear commitments being education and property tax reform.”