Idaho will force some workers to take unpaid furloughs over the holidays to save money, as revenues continue to disappoint.

Gov. C.L. “Butch” Otter ordered state agencies to cut spending by 1% in September, warning that the state faced a $174 million revenue shortfall in the current fiscal year, which ends June 30. He’s already warned that cuts as high as 4% may be needed to keep the budget in balance.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.