Could Guilford County face a $73 million budget deficit in 2011/12?
Total Principal and Interest Due 2010/12 $98,352,299
Total Principal and Interest Due 2010/11 -$70,850,005
Additional Principal and Interest Outlay = $27,502,294
Minus 2010/11 Fund excess surplus elimination $36,695,976
Plus additional corrections costs for new jail $9,000,000
Potential 2011/12 Budget Deficit.............................................. $73,198,270
.
Total Principal and Interest Due 2010/12 $98,352,299
Total Principal and Interest Due 2010/11 -$70,850,005
Additional Principal and Interest Outlay = $27,502,294
Minus 2010/11 Fund excess surplus elimination $36,695,976
Plus additional corrections costs for new jail $9,000,000
Potential 2011/12 Budget Deficit.............................................. $73,198,270
.
Debts are fun when you are acquiring them,
but none are fun when you set about retiring them.
Ogden Nash
but none are fun when you set about retiring them.
Ogden Nash
No comments:
Post a Comment