Mr. Chairman, the reason we are showing a forecasted deficit for 2011-12 is because over time the closing balance of the revolving fund, the surplus deficit has been creeping up. The higher end of the surplus side of the scale was limited to a surplus of $1 million. We try to target half a million dollars, so that is a planned deficit to bring it back in line with our target of half a million. Thank you, Mr. Chairman.
Paul Guy on Consideration in Committee of the Whole of Bills and Other Matters
In the Legislative Assembly on February 24th, 2011. See this statement in context.
Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters
February 23rd, 2011
Paul Guy
See context to find out what was said next.