You worked to ensure that the last thing any resident had to worry about was how much imported goods or services they could purchase with their Bahamian dollars, or about whether the dollars they deposited in a bank would be safe in such bank.
Measured as a percent of general fund expenditures, the aggregate reserve-fund balances for all state governments stood at a record 11-1/2 percent at the end of fiscal 2006. These comparatively high reserve-fund balances have lessened the severity of spending cuts or tax increases in many states during the past couple of years.