An annual measure of the state's fiscal health improved to its best level since 2001, according to the state's Certified Annual Fiscal Report released Tuesday.
State's GAAP deficit drops to lowest level since 2001
New estimates show the state would finish the current fiscal year with a $283.4 million shortfall.
The state is also projecting to end the current fiscal year with a $132 million deficit.
Senate Majority Leader Scott Fitzgerald said Tuesday the biggest change would eliminate a $113 million transfer to the state's rainy day fund …
State 2014 finances are $207.5 million worse than expected, but that's better than previously projected.
