August 15, 2002


FOR RELEASE: IMMEDIATELY


On Tuesday, August 20, 2002, at 10:00 a.m., State Comptroller General James A. Lander will provide a press release outlining the official status of the State's Budgetary General Fund at the end of the 2001-2002 fiscal year. The press release will be available in the Third Floor Conference Room of the Wade Hampton Office Building, Columbia, South Carolina, as well as on the Internet or via electronic mail.

State law designates the Comptroller General as the individual responsible for (a) determining the amount of the Budgetary General Fund's surplus/deficit, (b) releasing available monies to fund additional appropriations, and (c) reporting any excess surplus funds available for future appropriation or deficit condition for future action. The press release will announce these and other results that reflect the year-end financial condition of the State of South Carolina's Budgetary General Fund. You are cordially invited to come by the Conference Room and pick up a copy of the press release.

The same information will be available on the Internet after 10:00 a.m. on August 20. To retrieve it, point your browser to http://www.cg.state.sc.us. Then in the "Press Releases" section, click on the link showing a release date of August 20, 2002. Please follow the instructions you see there to view and/or print the release.

If you wish to receive the release via electronic mail, send a blank e-mail with the words "Year-End Press Release" in the subject line to bmathias@cg.state.sc.us.