He said that action by the state was critical for the resolution of Suffolk's "significant cumulative deficit."
The Society had been running deficits every year for about 10 years until the cumulative deficit had reached the hundreds of thousands.
By 1993, the cumulative deficit exceeded $1 million, and the university ran out of patience.
Through November, the cumulative deficit for 2006 was $701.6 billion, well within reach of the previous record.
By law, the legislators have until Saturday to adopt a county budget for next year and confront a record $300 million in cumulative deficits.
By contrast, extending these tax discounts indefinitely will add some $4.6 trillion to our cumulative deficit.
Since that time, the cumulative deficit has been erased.
Assuming permanent cuts, the cumulative deficit for the coming decade would balloon to $3.4 trillion.
But last year, its deficit was $870,000, and its cumulative deficit is $2.2 million.
On the other hand, the orchestra has run up a cumulative deficit of $150,000.