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Investor Presentaiton

Putting It Together for the First Year OUTLOOK PROJECTION - FISCAL YEAR 2024-25 (in millions) RECURRING NON RECURRING TOTAL AVAILABLE GENERAL REVENUE 47,356.6 8,730.2 56,086.7 Recurring Base Budget 41,703.3 0.0 41,703.3 Critical Needs Transfer to Budget Stabilization Fund 0.0 0.0 0.0 1,416.8 390.6 1,807.4 Other High Priority Needs 1,137.6 1,929.3 3,066.9 TOTAL EXPENDITURES 44,257.6 2,319.9 46,577.5 ENDING BALANCE AFTER EXPENDITURES 3,099.0 6,410.3 9,509.2 Revenue Adjustments (134.8) (492.0) (626.8) Reserve 0.0 1,854.7 1,854.7 PROJECTED ENDING BALANCE 2,964.2 4,063.6 7,027.8 Totals may not add due to rounding. Combined, the costs of recurring and nonrecurring General Revenue Critical Needs are significantly less than the available General Revenue dollars. When Other High Priority Needs are added, the General Revenue projected surplus is $9.5 billion. After accounting for the revenue adjustments and a $1.85 billion Reserve, the projected General Revenue surplus is $7.03 billion, but 57.8 percent of this is nonrecurring dollars. 19
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