• December 31 2008

FY 2009 Budget Summary

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The attached budget summary shows fiscal 2009 spending after the Governor's first round of "9C' cuts of $708 million and a savings of $100 million by extending from 2023 to 2025 the funding of the state's unfunded pension liabilities.  With these reductions, fiscal 2009 spending increased by 1.6 percent over 2008.