Figure 1

Historical Reserve Balances

Percent of General Fund Revenues and Transfers

15% -10 -5 5 10 1981-82 1984-85 1987-88 1990-91 1993-94 1996-97 1999-00 2002-03 2005-06 2008-09 2011-12 2014-15 a Estimates of budget year Special Fund for Economic Uncertainties (SFEU) and Budget Stabilization Account (BSA) combined balances and estimates of revenues and transfers at Budget Act. Reflects revised estimates of combined BSA and SFEU balances, as well as revenues and transfers, after the end of the fiscal year shown above. For 2010-11 and prior fiscal years, these revisions generally are from the January Governor's Budget submitted in the middle of the next fiscal year. For 2011-12 and later fiscal years, these revisions generally are from the budget act enacted at the end of the next fiscal year. b Enacted Reservesa Actual Reservesb 7300