PUBLIC NOTICE

The Preliminary estimates of State growth and expenditure ceiling for fiscal years 2025, 2026 and 2027 as of August 15, 2024, are:

State Growth Expenditure
Fiscal Year Rate Ceiling
2025 4.26% $11,180,697,873
2026 3.43% 11,564,219,011
2027 5.09% 12,152,538,031

The Final estimates of State growth and expenditure ceiling, for fiscal years 2025, 2026 and 2027, as of November 15, 2024, are:

State Growth Expenditure
Fiscal Year Rate Ceiling
2025 4.73% $11,246,159,484
2026 4.30% 11,729,636,611
2027 5.25% 12,345,812,640

Director of Finance

(TGI1478772 12/26/24, 1/02/25)