Thursday, December 15, 2011

Post from marvhagedorn at CHUMLY

JFAC meeting: We have a 40% risk of a double dip, recovery is not solid. DFM projected a ~6.7% increase, but we are currently looking at ~4.4% increase over our last Jan. projections which will allow us to likely cover statutory budget increases and some things we've had to put off, but not much I fear. Rainy day funds (IMHO) must be replenished ASAP. More tomorrow!
http://chumly.com/n/eb1d2f

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