GENERAL FUND and PROPERTY TAX REPLACEMENT FUND

COMBINED STATEMENT of ACTUAL and ESTIMATED UNAPPROPRIATED RESERVE

(Millions of Dollars)

Actual

Estimated

Estimated

FY 1999

FY 2000

FY 2001

Resources:

Working Balance at July 1

1,319.3

1,211.1

810.3

Current Year Resources

Forecast Revenue

8,883.2

9,301.6

9,773.3

Outside Acts

(219.0)

(227.9)

Elderly Deduction

(8.7)

(8.9)

Dependents $2500

(57.9)

(58.6)

Renters' Deduction

(10.7)

(10.9)

Add Back Homeowner

(54.2)

(57.4)

Add Back Business & Farm

(84.7)

(89.1)

Long Term Care Insurance

-

(0.3)

Low Income Deduction Modification

14.0

14.0

TANF/MOE Tax (Low Income Ded.)

(17.2)

(17.2)

DSH

57.5

57.5

57.5

Tobacco Settlement Receipts Dedicated to CHIP

18.8

28.1

Transfer From (To) Rainy Day Fund

(0.6)

13.7

-

Total Current Year Resources

8,940.1

9,172.6

9,631.1

Total Resources:

10,259.4

10,383.8

10,441.4

Uses: Appropriations, Expenditures, and Reversions:

Appropriations:

Budgeted Appropriations

8,915.7

9,570.4

10,052.3

1999 Deficiency Appropriations

90.0

-

-

Adjustments to Appropriations (1)

36.7

Total Appropriations

9,042.4

9,570.4

10,052.3

Other Expenditures and Transfers:

Judgments and Settlements

5.5

8.0

8.0

Transfer to Tuition Reserve

15.0

15.0

Total Appropriations & Expenditures:

9,062.9

9,593.4

10,060.3

Reversions:

(86.8)

(20.0)

(20.0)

Total Net Uses:

8,976.1

9,573.4

10,040.3

Adjustments to Prior Year Surplus (2)

71.2

Adjustments to Surplus

1.0

General Fund Reserve Balance at June 30

1,211.1

810.3

401.0

Reserved Balances

Tuition Reserve

255.0

270.0

270.0

Rainy Day Fund

524.7

535.1

559.7

Total Combined Balances

1,990.8

1,615.5

1,230.8

Combined Balance as a Percent of Operating Revenue

22.3%

17.6%

12.8%

Totals may not add due to rounding.