Getting your player ready...
A summary of the $632 million in budget cuts proposed Friday by Gov. Bill Ritter:
— Spending reductions and program cuts totaling $201 million, including $30 million for higher education, $13 million for businesses receiving state funds for collecting sales taxes, $3 million from transportation, $15 million from local governments receiving severance taxes, and $6 million for breast and cervical cancer prevention.
— Transferring $290 million from cash funds collected to provide specific state services.
— Dipping into the state’s emergency reserve for $134 million.
— Keeping $7 million authorized but not spent under constitutional spending limits.
