OFFICE OF THE BUDGET Commonwealth Financing Authority Certification for Fiscal year 2016-2017 [46 Pa.B. 6402]
[Saturday, October 8, 2016]I, Randy C. Albright, 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 2017-2018 and 2018-2019 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 2016-2017, 2017-2018 and 2018-2019 payable from the General Fund as a result of the activities of the Commonwealth Financing Authority are $95,614,000, $95,622,000 and $95,617,000 respectively.
RANDY C. ALBRIGHT,
Secretary[Pa.B. Doc. No. 16-1746. Filed for public inspection October 7, 2016, 9:00 a.m.]
