Cumulative General Fund GAAP (Generally Accepted Accounting Principles) Deficit (millions of dollars)
This is a graph that shows the Cumulative General Fund GAAP (Generally Accepted Accounting Principles) Deficit at the end of the past five fiscal years. In Fiscal Year 1995 the Cumulative General Fund GAAP deficit was 577 million dollars. In Fiscal Year 1996 the Cumulative General Fund GAAP deficit was 640 million . In Fiscal Year 1997 the Cumulative General Fund GAAP deficit was 670 million dollars. In Fiscal Year 1998 the Cumulative General Fund GAAP deficit was 694 million dollars. In Fiscal Year 1999 the Cumulative General Fund GAAP deficit was 603 million dollars. Source: Office of the State Comptroller.