BRADENTON, Fla. — The Tennessee General Assembly late Wednesday ended its annual session after sending Gov. Phil Bredesen a $29.9 billion budget for the upcoming fiscal year.

The new spending plan represents a decrease of 0.3% from the current year’s budget and plugs a $150 million expected shortfall. While it is supported by $12.8 billion in state dollars, it also taps reserves by $245 million, leaving a balance of $429 million in those accounts, according to Bredesen.

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