budget shortfa

The Revenue Estimating Conference  surprised no one by recognizing an additional $346 million in revenue for the 2019 fiscal year - which means the state’s “fiscal cliff” is now $648 million instead of nearly $1 billion.

Number of the Day

$648 million - The new figure for the fiscal cliff, since the Revenue Estimating Committee projects an additional $346 million available for next year’s budget. (Source: The Advocate)