The conference budget, at $20.6 billion is 9.5 percent higher than FY?07. The operating budget, at $20.4 billion is also 9.5 percent higher than FY?07.
Plus $574 million in COPs. Including debt, the total spending package is smaller than the Governor?s and Senate?s, but the current spending is much larger than any previous proposal (+$300 million operating / +$350 million total vs House; +$400 / +$600 vs Gov; +$450 / +$600 vs Senate)

The Rural Economic Development Center is a big winner – $119.5 million in new nonrecurring money.
– $100 million to provide grants to local governments for drinking water and wastewater treatment
– $19 million to establish and implement the Rural Economic Transition Program, which will provide ?grants and equity investments to carry out transformative economic development and agricultural enhancement projects that will generate jobs and expand business activity.?
– $0.5 million for the horse industry study

Needless to say the second year numbers are completely unrealistic. As written, operating spending will increase just 1.3% in FY?09 and none of the capital projects left partially unfunded will go without money in FY?09. Sure.

UPDATE: You can find the bill and money report online.