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3 <br /> ... <br /> MICHAEL F EI9LET <br /> GIMMINUIR <br /> EXECL71VE OREM NUMBER NO. 19 <br /> CLASSROOM PROTECTION AND ORDERLY BUDGES ADMIMSIBATION <br /> GIVEN STATE OF FISCAL EMERGENCY <br /> WHEREAS,ANcle III, Sec.5C)of Lha Contribution of North Emolw provides that @e <br /> State may am operate A a deficit during the Intel pried covered by a budge[ For Wcsc <br /> purposes, a 'deficit' is defined as having been mound when total expenditures for the Seem <br /> pedod of the budget pared the total oftaeipa during the period,plus the surplus remainng in <br /> Ne State Tmavury,at me beginning of the period. The fis at Ideal for ounmt budget began <br /> July 1,IN I;and, '. <br /> WEEREAS,m insure that the State does not now a deficit Pot the Gaul your covered by <br /> a ddlgA,Article III, Sec 50)of Ad Coresomma volutes me Oovernor m continually survey,the <br /> mllectiou of revenue. If, A a result of hi3 radvoye, he determines that tNal receipts for hm <br /> f xal period, when added to the surplus remaining on the Trcaawy at Nc 6,m m,g of the Escal <br /> pedod, will not be sufficient to pay budge¢tl expenditures, the Governor. after Suit taking <br /> attempts provisions for the prompt payment of the pri cded aM merest on the State's <br /> oun'tandmg bonds and no ,most effect We oecesaary fommies w State "paratroops b keep <br /> medcfcit from occurring,and, <br />