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State Representative
Brad Roae
State Budget Review and Analysis
March 2010
PENNSYLVANIA STATE BUDGET
2009-10 State Budget:Review of Enacted Budget
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The state carried a $2 Billion-plus deficit into FY 2009-10 from the prior year.
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Another $1.3 Billion was needed for the Tax Refund Reserve.
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To account for spending and the aforementioned points, the state needed
more than $31 Billion to balance this year’s budget.
Balancing the BudgetEnacted Budget:$27.8 Billion
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$2.7 Billion in Stimulus Funds (ARRA) were used to supplant state dollars.
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The budget included $25.18 Billion in state dollars.
General Fund Revenue:$25.53 Billion (Original Estimate)
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$486 Million in New General Fund Taxes
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$558 Million in Adjustments to Existing Taxes
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$2.1 Billion in Revenue Transfers (Rainy Day Fund, HCPRA, etc.)
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Revised General Fund Revenues: $28.57 BillionFederal Stimulus Dollars (ARRA Funds): $2.7 Billion
2009-10 State Budget:Review of Enacted Budget
Total Revenues to Balance:$31.2 Billion
PENNSYLVANIA STATE BUDGET
BUDGET NOTES:All state reserve funds were exhausted as a means to balance this 2009-10 budget. In doing so,there was nothing left to help offset any revenue shortfall experienced through the course of the year.
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