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<br />GO\'ERt'iOR'S OFFICE REVE~lJE AND EXPENDITURE FORECAST
<br />Witb Sunsetting of SB 97-01 in 2002 less DSH
<br />, (General Fund in ~lillion.s or Dolhll'3)
<br />September 20.1997
<br />
<br />. FYO~ FYOS FY06 FY07 FY 08 FYO? FY 10
<br />EST EST EST EST EST EST EST
<br />TOTAL REVENUES 6.805.5 7,242.6 7,762.2 8.248.3 8.679.3 9.154.3 9,661.7
<br />Percent Change 5.5% 6.4% 7.2% 6.3% 5.2% 5.5% 5.5~/ll
<br />CONTINUOUS APPROPRIA TlONS
<br />Local Government Cigarene T3.,( Rebate 17.4 17.4 17.7 17.7 17.9 13,1 13.1
<br />Property T.., & Heot Credit 12.0 12.0 12.0 12.0 12.5 12.5 12.5
<br />Fire and Police Pt:nsion Association 27.5 27.5 27.5 27.5 0.0 0.0 0.0
<br />Sub Total 56.9 56.9 57.2 57.2 30.4 30.6 30,6
<br />
<br />TRANSFERS
<br />:.- ::;;c~:'::-:-:"~:.~:;~o}:aPi~I_c:o,,:~Fli~~,<lj:~.~:~I}O:O~~:t:HO.2":':~.::: 140:0 _;';
<br />To Cont. Maint. Trust Fund (CMTF)(2) 33.0 14.1 13.6
<br />To OAP Fund 60.2 62.2 62.2
<br />~u om ,j . ).
<br />
<br />"140.0
<br />13.3
<br />63.2
<br />.,
<br />
<br />.; '(40.0
<br />16.4
<br />63.2
<br />.0
<br />
<br />.140.0
<br />13.3
<br />64,6
<br />
<br />,.140.0
<br />17.1
<br />64.6
<br />
<br />.
<br />
<br />NET GENERAL FUND A V AILABLE 6,SI5.4 6,969.4 7,489.2 7,974.6 8,429.3 8.900.8 9,409.4
<br />APPROPRIATIONS
<br />Education K-12
<br />Higher Education ';'
<br />H<allh Care Policy & Financing
<br />Human Services
<br />Corrections
<br />All Other
<br />Capitll Construction Fund
<br />Less: Exemptions From 6% Limit
<br />Sub Toul Subject to 6% Limit;:\'~~,"8:;;:
<br />.\cr~.'.:;;~<!."i-
<br />Human Services Lawsuits: .~~~~~?i~7
<br />Revised 6% Limil:.ilr6,28l;9:~6;
<br />
<br />
<br />'~I~~~;~:)'iri~.;~!i;~,~:~:~i;'":C::,.", .';
<br />
<br />.;".,;,058.3,.';",481.8.'0,7,930.8' "8,406.6
<br />
<br />
<br />8,911.0
<br />
<br />TOTAL EXPENDITURES
<br />(Appropriations, Transfers, Continuous Expnd.) 6,572.0 6.932.0 7,331.3 7,755.5 8,180.8 8,660.1 9,163.3
<br />
<br />Revenues less Expenditures ([ncrease to Reserve): 233,5 310.6 430.9 492.8 498.5 494.2 498.4
<br />
<br />Add PriorYeat's Ending Balance 446,9 630.4 913.8 1077.8 1136,8 1183.8 1220.7
<br />
<br />ReversionslAdjustment5: 0.0 0.0 0.0 0.0 0.0 0.0 0.0
<br />~-"". ~~.;' -"l"""! B:.:t..... ~...'SD.n.7J\1;'T-~'~~7fo-0~0.-0-~=~0-0'~:"'.,..;.,"r0..-'~'~"P!....0":'"........-.....:'.'1'.. ~. ~......... ..
<br />~.::.!~~??tt.~~~lL~~~ g::.?,,~.. ransl.cr:~ .,~;......,,,, . :~~~~._ .E.f'd'~~. ;~~~,;.;g. ~O.i:t';r-:"~~I~1-:f}. '~~::-,:~i;~~~-O.O ,'..-:'.::::~~~O.O;
<br />~' , T-;;;;'oioyT"';;;;;;; 0,0 0.0 '0:-0--' , '0:0'-"'-'0.0":" -0.0'" '0.0
<br />...,..."...~.~.......'!".\....Jol.".-_"'~'"_~ _._--......._-~c...",......~..,.lr.....' ......~~_.- .~,-....-~..~ -'-" .-.., . ....-......,.',' .,"'- ..- '.
<br />,;;.,~,'i'.;"7""iii~:;t:5'i)','8"""..,ExceSS:TABOR Rev,..ilue:0:::;:;;B;0.0.it"~1(7.1 [) -'7(266.9) .:>i( 433.8) ";'(451.4)'," (457.3) ,(540.4)
<br />...,_.._:.c:>~!:l<~,.~~~,'''"'''_''''_'''''''''''''''_______'''_'_''__~_-''' -"-",~.~,,,--,,-,-,"'-_. ._,. ""'" .-...'.- '.
<br />New Ending Fund Balance Before Reserves 680.4 913.8 1077.8 lt36.8 lt83.8 t220.7. 1178.7
<br />
<br />RESERVES
<br />Article X Reserve Requirement (3) 231.1 295,2 308.8 322. [ 333.5 356.8 373.9
<br />Statutory 4% Reserve Requirement 251.3 266.4 282.3 299.3 317.2 336.3 356.4
<br />Total Reserves 251.3 266.4 282.3 299.3 317.2 336.3 356.4
<br />
<br />.~N'.W:E~i!@i'F:Uiid;B.-lanc.:OVffi(U.a1ir)RCs.rV..?~~29:2~~647.5}:1.;:;-!l~95;5:?,ii,\;S~37:5'';;'''S@-;~}i;'fB{r~i gtil~i.J.'
<br />
<br />.
<br />
<br />~M!!!!!!'.Ri2i~~jhOl"" l!@.!Isn:.tlie bullg~Y.lI(mr~~~~.ID~.i~~Ui"s!F!9:~Pfri'p!!~~,~~_sei?1ji.[)i91'.e:ic:~:a!!~~(J: ":0~.'::;;::; ~~:::;i';j
<br />(I) Reflects Sl3 1.8 million in transfers above atatutory S50 million in FY 97-98 and $140 million each ycarthreafter per S8 97-1.
<br />The: bill sunsets in FY 02. but rransrcrs will still be needed.
<br />(2) Assumes nO funher transfers into the Controlled Maintenance Trust Fund beyond the SI96 million tr.lnsfcrred in FY9S-96, until FY 2004.
<br />(3) Tot:lllistcd here is a non-add beginning in FY9S-96; funds have already beed deposited in the eMTF to meet Article X requirements ror
<br />FY 95.96 and the balill1cc in the CMTF will satifsfy the Article X reserve rc uircmcnt startin in FY96.97.
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