FY11 budget presentation

Boone: Questions heading into December:

• would the state use state stimulus dollars to fill gaps?
• how would the state use the negative inflation rate?

The answers are 1. Yes, to get us to foundation, and 2. they're using the negative inflation rate.

Projections were on target (score one for our financial office), and now we're at $14 million (with $8 million in reserve).