(Counter-Cyclical Revenue and Economic Stabilization Fund)

IC 4-10-18

(Millions of Dollars)

Actual

Estimated

Estimated

FY 1999

FY 2000

FY 2001

Resources:

Balance at July 1

496.1

524.7

535.1

Interest Earned During Fiscal Year (1)

27.5

23.6

24.1

Transfer from GF Revenue per formula (2)

140.9

-

-

Repayment of Loan Principal

0.5

0.5

0.5

Total Resources:

665.0

548.8

559.7

Uses:

Transfer to GF - Budget Stabilization

-

-

-

Transfer Excess Balance to PTRF (2)

140.3

13.7

-

Fund Balance at June 30

524.7

535.1

559.7

Total Uses:

665.0

548.8

559.7

Maximum Fund Balance (3)

524.7

535.1

562.4

Loans Outstanding

0.8

0.3

-

Notes:

(1) Earned interest is interest reported by the State Treasurer for the fiscal year on

investments and includes the payment of interest on loans made from the fund.

(2) Transfers made pursuant to IC 4-10-18-3.

(3) The maximum allowable fund balance equals 7% of fiscal year General Fund

(excluding PTRF) revenues.

Totals may not add due to rounding.