Angela Bird


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PICA Staff Report on QCMR

QCMR Report FY23 Q2

The second quarter FY23 QCMR projects General Fund revenues at $5.89 billion, $189.4 million above the Five-Year Plan, while obligations have increased to $6.03 billion, $191.1 million higher than projected. The year-end fund balance is now projected at $660.5 million, $288.3 million above the Five-Year Plan projection, representing 11% of obligations​.