OFFICE OF THE BUDGET Commonwealth Financing Authority Certification [36 Pa.B. 5854]
[Saturday, September 16, 2006]I, Michael J. Masch, 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 2007-2008 and 2008-2009 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 2007-2008 and 2008-2009 as a result of the activities of the Commonwealth Financing Authority are $85,165,000 and $115,039,000 respectively.
MICHAEL J. MASCH,
Secretary[Pa.B. Doc. No. 06-1851. Filed for public inspection September 15, 2006, 9:00 a.m.]
