The Foundation's updated analysis of spending changes over the past two fiscal years concludes that the state has reduced expenditures by $1.9 billion in a host of programs -- not including the additional spending cuts that will be needed to address the large budget gap in fiscal 2004.
April 01, 2003
FY Pre-2008
MTF Analysis: Impact of the Fiscal Crisis: $1.9 Billion in Program Cuts From Fiscal 2001 to 2003
The Foundation's updated analysis of spending changes over the past two fiscal years concludes that the state has reduced expenditures by $1.9 billion in a host of programs -- not including the additional spending cuts that will be needed to address the large budget gap in fiscal 2004.