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fiscal 2016

Jul 24, 2015

Revenue boost means state won’t have to dip into rainy day fund

Strong revenue collections turned a $132 million shortfall into a $266 million cash balance at the end fiscal 2015, a preliminary analysis shows.

Dec 8, 2014

Lawmakers consider a more deliberate approach to solving latest budget crisis

With hardly time to pause, policymakers lunged from one budget solution to another at the height of the recent fiscal crisis, spawning a chaotic period of accounting gimmicks, borrowing and budget slashing.

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