Contents of Fiscal Outlook Report

The Fiscal Outlook and Mid-year Review Report shall (a) budget overview information for the preceding two years; (b) preliminary fiscal data for the first five months of the current fiscal year and the implications for the remainder of the current fiscal year, including a detailed explanation for all supplementary appropriations, if any, and key items that are likely to deviate from the approved Budget; (c) detailed budget information for the upcoming fiscal year; and (d) an overview of the fiscal outlook for the following two years.