Investor Presentaiton
Total GR Expenditures = $22.8 Billion
General Revenue Fund
Recurring and Nonrecurring
Budget Driver Impact ($Millions)
New Recurring Drivers for Each Year
Continuation of Year 1 Recurring Drivers
Continuation of Year 2 Recurring Drivers
Cumulative Impact of Recurring Drivers
Fiscal Year Fiscal Year
Fiscal Year
2024-25
2025-26
2026-27
Three-Year
Total
% of Three-
Year Total
2,554.4
2,836.9
2,263.3
7,654.5
2,554.4
2,554.4
5,108.7
2,836.9
2,836.9
2,554.4
5,391.2
7,654.5
15,600.1
68.4%
Nonrecurring Drivers for Each Year
2,319.9
2,491.0
2,408.7
7,219.6
31.6%
Grand Total
4,874.2
7,882.2
10,063.3
22,819.7
Simply looking at the new infusions of General Revenue needed each year does not
present a complete picture. Over the entire three-year period, 68.4 percent of the
General Revenue infused each year must be recurring to match the ongoing nature of
the budget investment. Those expenditures cumulate and stack on top of each other in
the subsequent years. As the table shows, of the $4,874.2 million needed for drivers in
Fiscal Year 2024-25, $2,554.4 million will be needed again in Fiscal 2025-26 (and again
in Fiscal Year 2026-27) to continue those programs.
This makes the actual dollar impact of the drivers identified in the Outlook larger than the
displayed drivers alone suggest. In effect, the $14.9 billion in new infusions over the
Outlook period support $22.8 billion in additional costs over the period. Both effects are
accounted for in the Outlook.
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