The state will end the current fiscal year on June 30 with about $110 million, but budget shortfalls in four state programs of nearly $100 million would use up most of that surplus, according to a memo released to lawmakers on Tuesday.
The new Legislative Fiscal Bureau estimates also projected how much the state will collect in tax revenue through June 30, 2009. Its estimates were just $12.8 million less, or 0.04 percent, than the $38.8 billion the state Department of Revenue projected in November.