I received an email this morning with a new budget total for FY2008. It will be $626,706 which is about $9,362 short of our plan of service request. It is just over a 1% cut. Our anticipated reduction in lease payments will be around $14,000 so I do not believe we will have to cut any other line items.
The reason for the decrease is the Federal Legislature did not give as much to the Institute of Museum and Library Services (IMLS) as the Texas State Library and Archives Commission originally anticipated so the amount Texas received was less than fore casted.
The budget recommendation will be discussed at the June 15th TSLAC meeting in Austin. I will be attending this meeting and blogging about it.