The New York State budget division on Friday released the first quarterly update of the state's fiscal 1992 financial plan, saying the general fund is "balanced."

The revised cash-basis general fund, which relies on state taxes and fees, is balanced with planned disbursements of $29.83 billion, the report says. Disbursements from the all-funds financial plan, which includes money from the federal government, are expected to be $52.38 billion, about $400 million higher than previously planned.

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