PPT Slide

TIME FOR A NEW TALLY

New revenue available

for FY 03 . . . . . . . . . . . . . . . . . . . . . . . . $ 110 m

Less: Mandated &

unavoidable expense . . . . . . . . . $-279 m

Subtotal . . . . . . . . . . . . . . . $-169 m

Less: Other expenses

of government . . . . . . . . . . . . . . . . $-236 m

Subtotal . . . . . . . . . . . . . . . $-405 m

Add: Savings from non-recurring

items . . . . . . . . . . . . . . . . . . . . . . . $ 31 m

Revised FY 03 Shortfall $-374 m