General Appropriations Bill H. 4700 for the fiscal year beginning July 1, 1998
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SECTION 63H - F05 - BUDGET AND CONTROL BOARD, PAGE 488
CAPITAL RESERVE FUND
1 63H.1. (BCB/CRF: Deficit Projected - Use of CRF) If the Board of Economic Advisors revenue forecast to the Budget and Control
2 Board at any time during the current fiscal year projects that revenues for the current fiscal year will be less than appropriated expenditures
3 for this year, the Budget and Control Board in mandating necessary cuts during the current fiscal year to eliminate the projected deficit
4 must first reduce to the extent necessary the appropriation herein contained to the Capital Reserve Fund, prior to mandating any cuts in
5 operating appropriations.
6