2010-11 Governor’s May Revise Budget
(Billions)
powerpoint presentation
Projected State Budget Shortfall
| Budget Shortfall Projected in January Budget |
$(19.9) |
| Special Session Solutions |
1.4 |
| Achieved Federal Funding |
0.7 |
| Revenue Decline |
(0.6) |
| Cost Increases |
(0.5) |
| Increase in Reserve |
(0.2) |
| Projected Budget Shortfall as of 6-30-2011 |
$(19.1) |
Proposed State Budget Solutions
|
January |
% Total |
May |
% Total |
| Expenditure Reductions |
$8.5 |
42.7% |
$12.3 |
64.6% |
| Federal Funds |
6.9 |
34.7% |
3.4 |
17.7% |
| Alternative Funding |
3.9 |
19.6% |
1.3 |
6.7% |
| Other Revenues |
.6 |
3.0% |
2.1 |
11.0% |
| Total Budget Solutions |
$19.9 |
|
$19.1 |
|
