Google Plus Facebook LinkedIn Twitter Vimeo RSS

Consultant: State tech spending tops $2.2B next budget

By , - Last modified: May 14, 2012 at 12:09 PM

The state government could spend about $2.2 billion on technology initiatives in Gov. Tom Corbett’s proposed 2012-13 budget, but even as that number grows slightly, some business-related initiatives will see cutbacks, according to a Philadelphia-based consulting firm’s analysis.

State spending on tech initiatives has grown nearly 38 percent over the past five years, according to analysis from pjmathison, a technology and business consulting firm. The state spent about $1.6 billion on tech initiatives in fiscal year 2008 and it spent about $2.1 billion in fiscal year 2011. Pjmathison did not have estimates on total 2012 tech spending.

As for Corbett’s proposed $27 billion budget, some programs important to business will see cuts while others see increases. Here are highlights of the pjmathison report:

• $500,000 for broadband outreach and aggregation fund, a 72 percent slash in allocation for the program that expands broadband Internet access to rural parts of the state.

• $23 million, a 33 percent cut, to Ben Franklin Technology Development Authority, which funds the Ben Franklin Technology Partners to help tech and manufacturing companies grow.

• $29.1 million to Department of Banking, a nearly $8 million increase.

• $3.35 million for the Department of Agriculture, down from $4.9 million this year.

• A $1 million cut to the Department of Community and Economic Development for tourism marketing for a total of $3 million.

You May Have Missed...

Write to the Editorial Department at

Leave a Comment


Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
View Comment Policy


Subscribe to Our Newsletters!
Click Here to Subscribe for Free Now!