OFFICE OF THE BUDGET Commonwealth Financing Authority Certification for Fiscal Year 2014-2015 [44 Pa.B. 8068]
[Saturday, December 27, 2014]I, Charles B. Zogby, 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), that:
(1) sufficient surplus revenue will exist in the General Fund for Commonwealth Fiscal Years 2015-2016 and 2016-2017 to pay any liabilities which will be incurred by the Commonwealth 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 2015-2016 and 2016-2017 as a result of the activities of the Commonwealth Financing Authority are $92,000,000 and $92,000,000 respectively.
CHARLES B. ZOGBY,
Secretary[Pa.B. Doc. No. 14-2703. Filed for public inspection December 26, 2014, 9:00 a.m.]
