Phil Bredesen Governor, State of Tennessee

2010-2011 Budget

Governor Bredesen's budget and management priorities include:

	Maintaining a balanced budget. Governor Bredesen knows that state government, like a family or business, must live within its available resources during good and bad economic times.

	Managing through economic downturns. Governor Bredesen has built Tennessee's "rainy day" fund to an all-time high and repeatedly reduced state spending since the economy began declining nearly two years ago. Last year, as part of his budget proposal, Governor Bredesen introduced a multi-year budget plan that serves as a roadmap to guide the state through the current recession and into the years of economic recovery.

	Re-building investor confidence. Governor Bredesen has restored fiscal stability and sound management to state government. An upgrade of the state's bond rating by Moody's in 2007, followed upgrades the year before by Fitch and Standard & Poor's, confirm that a commitment to common sense budgeting, smart investments in education and health care, and record rainy day reserves are moving Tennessee in the right direction.

	Maintaining a hands-on approach. As a businessman, Phil Bredesen took active roles in the management of successful companies. As Governor, he's active in the budget process and has opened administrative budget hearings, allowing taxpayers to see for the first time the decisions that are made on how their money is spent.

To share your feedback with the Governor about his 2010-2011 recommended state budget, please email him at Phil.Bredesen@tn.gov.

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