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DE SJR11
Joint Resolution
AI Summary
- Establishes the official state general fund revenue estimate for Fiscal Year 2012 at $3,622.7 million in gross revenue
- Sets estimated revenue refunds at $265.6 million and net state general fund revenue at $3,357.1 million
- Designates estimated unencumbered funds remaining from the previous fiscal year at $307.6 million
- Fulfills constitutional requirement under Article 8, Section 6(b) for the General Assembly to approve revenue estimates by joint resolution signed by the Governor
- Ensures appropriations do not exceed 98 percent of estimated general fund revenue plus unencumbered funds
Legislative Description
The Official General Fund Revenue Estimate For Fiscal Year 2012.
Last Action
Signed by Governor
7/1/2012
Full Bill Text
No bill text available