Revised Budget Summary

The Revised Budget Summary provides an update of revenues, expenditures, and reserve estimates based upon the latest economic forecast and changes in population, caseload, or enrollment estimates. The Revised Budget Summary provides Summary Charts, Economic Outlook, Revenue Estimates, and Demographic Information. Major changes are highlighted in each of the Major Program Areas.

Picture of Pdf Document  
To access the entire Revised Budget Summary document in a printable format (pdf), click here:
Revised Budget Summary - All Chapters (pdf * - 1.3M)
 


BUDGET OVERVIEW Back to Top
Introduction
The Governor's Budget for 2007-08, as proposed in January, eliminated the net operating deficit (the balance between ongoing revenues and expenditure, after accounting for various one-time revenues and expenditures, most significantly the $1.6 billion that was proposed to pre-pay the Economic Recovery Bonds [ERBs]), held spending growth to 1.0 percent and maintained a reserve of $2.1 billion.


Image of open book   Go to the Revised Budget Detail web pages.
Image of open book   Go to the Proposed Budget Summary web site (January 2007).
Image of open book   Go to the Proposed Budget Detail web site (January 2007).


PRINTABLE BUDGET DOCUMENTS Back to Top
Revised Budget Summary - All Chapters (pdf * - 1.3M) -
Provides the entire Revised Budget Summary in pdf format.