OFFICE OF THE BUDGET
Commonwealth Financing Authority Certification for Fiscal Year 2019-2020
[49 Pa.B. 4089]
[Saturday, August 3, 2019]
I, Jennifer Swails, Secretary of the Budget, hereby certify in accordance with, and as required by, section 1543(e) of the Act of April 1, 2004 (P.L. 163, No. 22), 64 Pa.C.S. § 1543(e), and section 1753.1-E of the Act of April 9, 1929 (P.L. 343, No. 176), that:
(1) sufficient surplus revenue will exist in the General Fund for Commonwealth Fiscal Years 2020-2021 and 2021-2022 to pay any liabilities which will be payable by the Commonwealth from the General Fund during those Fiscal Years if the Commonwealth Financing Authority incurs an additional $250,000,000 of indebtedness; and,
(2) the aggregate amount of liabilities which will be incurred by the Commonwealth for its Fiscal Years 2019-2020, 2020-2021 and 2021-2022 payable from the General Fund as a result of the activities of the Commonwealth Financing Authority are $272,065,000, $270,370,000 and $270,375,000 respectively.
[Pa.B. Doc. No. 19-1194. Filed for public inspection August 2, 2019, 9:00 a.m.]
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