Notes

Slide Show

Outline

1	The Market Meltdown: Implications for New York’s Budget By: John F. Cape Director, State Strategic Consulting
2	"How Bad Is It"
3	How Bad Is It? July Update Revenues Plummet
4	How Bad Is It? July Update Baseline Tax Receipt Growth
5	How Bad Is It? July Update Base Growth: Taxes vs. Spending
6	How Bad Is It? July Update Change in 2009 Bonus Forecast
7	How Bad Is It? July Update Change in 2008 Capital Gains Forecast
8	How Bad Is It? What’s Coming Bah, Humbug!
9	How Bad Is It? What’s Coming Future of NY Financial Services Sector
10	How Bad Is It? What’s Coming Future of NY Financial Services Sector
11	How Bad Is It? What’s Coming Future of NY Financial Services Sector
12	How Bad Is It? Take Aways:
13	State Budget Metrics: Looming Problems: Gaps will go higher
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25	Discussion