Base year data will be actual receipt and outlay data for the last completed fiscal year
( ( Base ( year data ) ) ( will ( be ( ( actual ( receipt ( and ( outlay data ) ) ) ) ( for ( ( the last ) ( completed ( fiscal year ) ) ) ) ) ) ) )
(ROOT (S (NP (NNP Base) (NN year) (NNS data)) (VP (MD will) (VP (VB be) (NP (NP (JJ actual) (NN receipt) (CC and) (NN outlay) (NNS data)) (PP (IN for) (NP (NP (DT the) (JJ last)) (VP (VBN completed) (NP (JJ fiscal) (NN year))))))))))
Base year data will give important economic information.
( ( Base ( year data ) ) ( ( will ( give ( important ( economic information ) ) ) ) . ) )
(ROOT (S (NP (NNP Base) (NN year) (NNS data)) (VP (MD will) (VP (VB give) (NP (JJ important) (JJ economic) (NN information)))) (. .)))