Most of state’s $17.7M surplus goes to rainy day fundBy GARRY RAYNO
State House Bureau
March 29. 2012 10:30AM
CONCORD - The House voted 267-12 Thursday to put most of the $17.7 million surplus from the last biennium budget into the state's rainy day fund.
House members decided to use $1.5 million to help pare down the waiting list for developmentally disabled adult services. The list currently has 73 individuals waiting for services.
The House approved the money for the waiting list on a 144-126 vote.
House Speaker William O'Brien backed the plan to put the money in the rainy day fund, which currently holds $9 million.
House Finance Committee Chair Ken Weyler, R-Kingston, urged his colleagues to put the money away in the state's saving account.
This would show we can be reasonable stewards of our finances, Weyler said.