Spoleto's $246k budget cut

In an article from the Charleston SC's Post and Courier, Spoleto Festival USA has had a $246,000 cut from its budget by the state as part of a new spending plan created by the Senate Finance Committee. Spoleto Director Nigel Redden said the cut could be devastating as the state funding means the difference between having a successful festival season and going out of business.

According to the article, the blow from the cuts affecting South Carolina organizations might have been lessened with better financial management:

Sen. Larry Grooms, R-Bonneau and a member of the Finance Committee, said the budget is pretty bare bones. The cuts, though, would not have had to be so drastic if the Legislature had managed its funds better last year when revenue flowed into state coffers, he said.

To read more about this report, visit the Charleston Post and Courier.