Governor's Budget Fiscal Years 2008-2009 Vol 2
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Table 2 shows these modes of growth by defining a higher level of growth as annual percent change of over 5% and a lower level of growth as annual percent change of less than 5%. Based upon data from FY 1996 to FY 2006, the average growth rate for periods of strong growth, FY 1997, FY 2000, and FY 2005, is 6.75%. The average growth rate for periods of low growth, FY 1998, FY 1999, FY 2001 through FY 2004, and FY 2006, is 0.74%. The total average growth rate for FY 1997 to FY 2006 is 2.13% In FY... 2006, highway patrol fine revenue had small growth of only 0.55%. While revenues are expected to have positive growth and increase annually through FY 2009, the slower growth in highway patrol fine revenue is expected to continue through FY 2009 with an annual growth rate of 0.74%, which is simply the average growth rate of the lower-growth fiscal years.
Table 2 Highway Patrol Fine Revenue Growth Rates FY 1997 through FY 2009 Fiscal Percent Over Under Year 1997 Growth 5% 8.00% 8.00% 5% 1998 4.31% 4.31% 1999 (1.11%) (1.11%) 2000 7.16% 7.16% 2001 (1.16%) (1.16%) 2002 2.04% 2.04% 2003 1.21% 1.21% 2004 (0.64%) (0.64%) 2005 5.10% 5.10% 2006 0.55% 0.55% 2007 0.74% 0.74% 2008 0.74% 0.74% 2009 0.74% 0.74% Average 2.13% 6.75% 0.74% Apply Growth Rate Table 3 shows forecast highway patrol revenue through FY 2009.
What to read after Governor's Budget Fiscal Years 2008-2009 Vol 2?
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To quickly assess the difficulty of the text, read a short excerpt:
Table 2 shows these modes of growth by defining a higher level of growth as annual percent change of over 5% and a lower level of growth as annual percent change of less than 5%. Based upon data from FY 1996 to FY 2006, the average growth rate for periods of strong growth, FY 1997, FY 2000, and FY 2005, is 6.75%. The average growth rate for periods of low growth, FY 1998, FY 1999, FY 2001 through FY 2004, and FY 2006, is 0.74%. The total average growth rate for FY 1997 to FY 2006 is 2.13% In FY... 2006, highway patrol fine revenue had small growth of only 0.55%. While revenues are expected to have positive growth and increase annually through FY 2009, the slower growth in highway patrol fine revenue is expected to continue through FY 2009 with an annual growth rate of 0.74%, which is simply the average growth rate of the lower-growth fiscal years.
Table 2 Highway Patrol Fine Revenue Growth Rates FY 1997 through FY 2009 Fiscal Percent Over Under Year 1997 Growth 5% 8.00% 8.00% 5% 1998 4.31% 4.31% 1999 (1.11%) (1.11%) 2000 7.16% 7.16% 2001 (1.16%) (1.16%) 2002 2.04% 2.04% 2003 1.21% 1.21% 2004 (0.64%) (0.64%) 2005 5.10% 5.10% 2006 0.55% 0.55% 2007 0.74% 0.74% 2008 0.74% 0.74% 2009 0.74% 0.74% Average 2.13% 6.75% 0.74% Apply Growth Rate Table 3 shows forecast highway patrol revenue through FY 2009.
What to read after Governor's Budget Fiscal Years 2008-2009 Vol 2?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Legislature to read onlineMoreLess
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