November 2020 Financial Plan, Fiscal Years 2021 - 2024

Based on initial federal stimulus and its impact on revenue, the FY21 budget is now $92.0 billion and remains balanced. The budget includes the recognition of $3.2 billion in federal funds, $2.8 billion of which is COVID-19 related ($1.5 billion FEMA grants, $1.3 billion stimulus), and critical investments in school reopening and COVID-19 related programs.

The Plan achieves $1.3 billion in savings across Fiscal Years 2021 and 2022, and budget reserves are at $2.8 billion.

Read the November 2020 Plan Publications here.

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