Figure C
Total state budget shortfall in each fiscal year, 2002–2005, 2009–2013 (billions)
| Total budget shortfall | |
|---|---|
| 2002 | -$40 |
| 2003 | -$75 |
| 2004 | -$80 |
| 2005 | -$45 |
| 2009 | -$110 |
| 2010 | -$191 |
| 2011 | -$130 |
| 2012 | -$107 |
| 2013* | -$55 |
* Reported to date
Source: Adapted from Figure 2 in Phil Oliff, Chris Mai, and Vincent Palacios, States Continue to Feel Recession’s Impact, Center on Budget and Policy Priorities, June 27, 2012, http://www.cbpp.org/cms/index.cfm?fa=view&id=711
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