FY 2013 end balance +$759 million
FY 2014 end balance +$517 million (-$242 million for year)
FY 2015 end balance -$356 million (-$873 million for year)
FY 2015 required reserves +$65 million
AMOUNT TO BE MADE UP BY JUNE 30 $421 million2015-17 projected deficit- $1.316 BILLION
TOTAL DEFICITS TO BE MADE UP $1.737 BILLION
Via A few thoughts on the budget release @ Jake’s Economic TA Funhouse.