The May 2025 fiscal report, released just over one month ago towards the end of August, revealed a $141.5m deficit for the first 11 months of the 2024-2025 fiscal year. No explanation was provided for such a substantial, late revision that favours the Government by bringing it in close to its 2024-2025 deficit target. Smaller revisions, according to Tribune Business’s analysis, also occurred for the Government’s monthly spending and deficit revisions for July 2024 through October 2024. When added to the November changes, these last-minute revisions for the June and year-end 2024-2025 fiscal report cut the deficit by a combined $37.3m compared to previous monthly reports. “That is truly, truly inexplicable,” the source said of the November 2024 deficit and spending revisions.