Tennessee State Budget

FY 2008 – 2009 Tennessee State Budget at a Glance

BASE REDUCTIONS (Recurring funds) $80 million limited start-up for medically needy $62.9 million from 5% personnel reductions $55.8 million from Higher Ed	$233.2 M
REVERSION INCREASES (Non-recurring funds) $221.2 Statutory and other Reserve Funds $35 million from the improvement for the Rainy Day Fund $24.7 million BEP (Reversion estimate plus growth fund savings) $3.1 million additional reversion from other agencies	$284.0M
2008-2009 IMPROVEMENT REDUCTIONS (Recurring funds) $86.5 million from BEP 2.0 improvement $71.8 million from 2% salary increase, health insurance adjustments for state employees/higher education $27.8 million from fully funding BEP without improvements $22 million from Pre-K expansion	$226.5 M
2008-2009 IMPROVEMENT REDUCTIONS (Nonrecurring funds) $13.75 million from Environment & Conservation (Reserve funds, grants) $10 million from ECD (Jobs Package) $11 million from Dept. of Health (grants, programs) $4.8 million from Dept. of Agriculture (special equipment, grants) $5 million from Education grants, K-12 and Higher Ed	$56.8 M
CAPITAL OUTLAY REDUCTIONS (Nonrecurring funds) $23 million from Board of Regents $14.6 million from University of Tennessee $53 million from Department of Correction $17 million statewide maintenance	$111.3 M
BUDGET REDUCIONS RECURRING NONRECURRING	$566.9 M $459.7 M $107.2 M