If production falls below projections, payments on the notes can be extended to 2012.

In addition fundraising efforts have been over 90% below projections.

On the other side, if expenses are held below projections, the doctors and hospital would divide up the surplus.

The $8.86 billion was far below projections, which had centered on a figure of $10.2 billion.

By the end of 1943 only 16 of the new guns had been installed, far below projections.

The rents were about $3 a square foot below projections.

Revenue has been $308 million below projections, he said, and state spending $163 million more than expected.

He said tax receipts have continued to fall below projections, casting doubt on next year, as well.

The poor location of the site resulted in the actual gaming take falling 60% below projections at only $13.1 million per month.

The budget shortfall came to light earlier this month, when the administration announced that tax collections for April ran $475 million below projections.