|
<br />-, :~~ "::::-:':::''':,:.::;
<br />
<br />GOVERNOR'S OFFICE REVENUE AND EXPENDITURE FORECAST
<br />.........."....... i...."yith.Su~~cittii1gofSBnlllin2002.le~sDSH............
<br />......... ............ ........ ::,..,;.:::..:............("G~~~;~.i F~~i"~.~.iilli.~~.~(.ri;lii~~,). .....- ..... . :.::"
<br />Decemher 20, 1'97
<br />
<br />. FY97 FY98 FY99 FYOO FYOl FY02 FYOJ
<br />ACf EST EST EST EST EST EST
<br />TOTAL REVENUES ~,679.~ 5,178.6 5,37~.5 5,668.1 51912.1 6,152.5 6,~52.9
<br />Percent Change 9.6% 10.7% 3,8% 5.5% ~.3% 4.1% 4.9%
<br />CONTL.'lUOUS APPROPRlA nONS
<br />Local Government Cigarette Tax Rebate 16,8 16.7 16.8 17.0 \7.0 17.0 17.0
<br />Property Ta~ & Heat Credit 11.0 10.9 11.8 11.5 11.3 11.1 10.8
<br />Fire and Polic~ Pt:nsion Association 70.7 28.0 28.0 28.4 28,6 28.8 28,8
<br />Sub TOllll 98.5 55.6 56.6 56.9 56.9 56,9 56.6
<br />
<br />....,'.:<.:.,.,.:-:.,.;.:
<br />,;~;::::::;:\:;;\::.:{-{?:<{.:
<br />
<br />TIUi'iSFERS
<br />;;im;I;}M;1:~q:;p{~Ki:'~~W4~;;W:E@lj.j;;
<br />To Cont. tv!ainl Trusr Fund (CtvlTF) (1)
<br />To OAF Fund
<br />~u
<br />
<br />..t?ijj:1i
<br />...'..,...,..-....-,".'".
<br />0,0
<br />55.1
<br />
<br />;;DEt~l!,~;;m;
<br />0.0
<br />55.1
<br />) .~
<br />
<br />
<br />.
<br />
<br />NET GENERAL FUND AVAILABLE
<br />
<br />APPROPRlA nONS
<br />Education K-12
<br />Higher Education
<br />Health Care Policy & Financing
<br />Human Services
<br />Corrections
<br />All Other
<br />Capital Construction Fund
<br />Less: Exem tions From 6% Limit
<br />Sub Total Subject to 6% Limit
<br />Human Services Lawsuits:
<br />Rev;"ed 6% Limit:
<br />
<br />4,292.8
<br />
<br />1720.4
<br />618.6
<br />756.0
<br />409.7
<br />257.1
<br />487.1
<br />18.0
<br />(117,9)
<br />4,1~8.9
<br />18.8
<br />4,167.7
<br />
<br />4,886.1
<br />
<br />1,818.2
<br />651.8
<br />809.8
<br />439.2
<br />290.2
<br />470.2
<br />0.0
<br />(62.2)
<br />4,417.2
<br />6.6
<br />~,423.8 '
<br />
<br />)246.0'
<br />w..,.-...-"._._,._'....
<br />0.0
<br />58,7
<br />o.
<br />
<br />.!iJgiJi),;;..'....
<br />0.0
<br />58.9
<br />~ .~
<br />
<br />;;!ifg;~;
<br />0.0
<br />60.0
<br />00.0
<br />
<br />I;;!lYQ:ii:;;;iIiiij~Q:Q
<br />0.0 0.0
<br />60. \ 60.2
<br />_00. .0 ._
<br />
<br />
<br />5,013.2 5,~12.3 5,655.2 5,895.5 6,196.t
<br />
<br />
<br />1,937.1
<br />677.1
<br />810.8
<br />483.1
<br />336.1
<br />506.6
<br />0.0
<br />(61.5)
<br />
<br />:',:~~: 1!lli"r~;II~I'~!II~!II~~III!'!j!i!lllr~~illll
<br />
<br />TOTAL EXPENDITURES
<br />(Appropriations, Transfers, Continuous Expnd.) 4,53~.4 4,716.3 5,055.5 5,231.7 5,53t.3 5,8~7.9 6,183.1
<br />
<br />Revenues less Expenditures (Increase to Reserve): 145.0 462.3 319.0 436.4 380.8 304.6 269.8
<br />Add Prior Year's Ending Balance 368.5 375.1 325.0 187.8 161.0 137.4 .177.1
<br />Reversions/Adjustments: 0.6 0.0 0.0 0.0 0.0_ 0.0 0.0
<br />Ns'l@iMi@]Elllli~Iillf@Nti_rulillt@I'lm!II~~I~fiIllRTm~lI~[lt~~)l11~@;]s:1[}lili@j~gt{~~~~}rllilrjjl~I~;~tRI~][~J.t1~ilillI~llilq;Q~1
<br />Technoloy Transfer: 0.0 0.0 0.0 0.0 0.0 J).O 0.0
<br />[~tnft1~Jl~tji*~Eltn~~iliW#)iIJ1[Nlffl%1~g~ll~lglliWigTR)iji1~!i{ii111!@:ifi2.5illf.[j~2~t~11~*tt%!~191Bf~;I~1(~+Wj~:~*~H[;]~:q~P1
<br />.. .New Ending Fund B.u:u;ce Before Res~rves 375.1 325.0 187.8 16i.il' 137.4' .' i77j' .u.j46:ii'
<br />
<br />RESERVES
<br />
<br />Article X Reserve Requirement (3) 195.3 206.0 216.9 228.0 239.1 252.8 267.0
<br />Statutory 4% Reserve Re uirement t66,7 177.0 t87.8 199,0 211.0 213.6 237.1
<br />Total Reserves 166,7 t77.0 187.8 199,0 211.0 213.6 237.1
<br />
<br />;iit!!itf4~fiE.4!!&g~!l1\'[;!!!I~~gl9t?ii{Y@~rlIR#~rti1lT!;l:l~;ftl!m[!1H;:~!!ltl!!~;f!jm;!!j(~~q1!;'il1ijt1:f~;mE!it@~jj!ij;~:q~;~I!
<br />
<br />;i<P~M:rli)#1i.i'Pg~g€~Mi~ji;l!\ffi~^Ql:iJg~!1~[.t1i#gy,~?mli;i!ii~!:\!i?M#.~f"'ip.p.!..p.!lim~:@~gi{S2ijli..i#.'iiW~~#i!;rMj#D;im;;NMB:;m;nr
<br />(I) Reflects SI31.8 million in transfers above ,tatutory S50 million in FY 97.98 and S140 million each year thr<;atter per sa 97-1.
<br />The bill sunsets in FY 02, but tr.utsti:rs will still be needed.
<br />2) Assumes no t"urthcr tnucdcrs into the Controllc:d Maintenance TNst Fund beyond the S 196 million transferred in FY95.96 until FY 2004.
<br />(3) Total listed here is a non.add bcgiMing in FY9S.96: funds have alre-...dy been deposited in t~e C~rrF to mcct Article X requirements for
<br />FY 95..96 and the balance in the CMTF will satifsfv the Article X reserve rc irement sUetm in FY96..97,
<br />
<br />
|