Dan Popkey reports that, in a debate that will color when and how the Legislature adjourns, Gov. Butch Otter’s Division of Financial Management has produced a new document outlining an improved revenue scenario for fiscal 2012 and 2013.

Otter’s budget office says the state will collect $32.7 million in fiscal 2013 that Otter gave up on earlier in the session when he revised his revenue projection downward.

A one-page sheet making the rounds at the Statehouse since last week titled “Total Available Funds” restores the “foregone” fiscal 2013 revenue.   The document argues that there is plenty of cash to pay for both tax relief and to replenish drained “rainy day” accounts.