When we do the main estimates, usually in the summary page there’s a projection of what our surplus deficit amount is going to be, and that is the amount that is the difference between the amount of revenues that we take in versus the projected amount of expenditures that we are projecting to incur. That amount also provides for a $10 million supp reserve. So if future expenditures cause us to exceed that supp reserve, then that amount will be lower than we anticipated.
Mr. Kalgutkar on Consideration in Committee of the Whole of Bills and Other Matters
In the Legislative Assembly on May 12th, 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
May 11th, 2011
Kalgutkar
See context to find out what was said next.