Wow, this does not say we need to make more revenues, it says we have a fiscal imbalance. It is the governor and legislature who says we need to get more revenues. Cutting the budget would be a more proactive action toward a fiscal balance. I'm so impressed-the truth will out!
Including the truth that the CBR, Statutory Reserve and Earnings Reserve are all liquid and available to those who have the will to use (not over-use) them. Even having spent more than $14 Billion on deficits, we still have about $14 Billion in reserves. Additionally, the Earnings Reserve receives automatic infusions, based upon the PF's net income over 5 years, each year. 
That $14 Billion was supposed to prove out the Governor's assertion that the Earnings Reserve would be gone in three years. Fortunately, the tax and spend House Majority was not allowed to make that spend it all attitude a fiscal fact this year.
The PFD is PF revenue and is passed to the state for shareholders, not government.