Looking back at FY2008 one can plainly see that what our politicians call “the budget” was $26.8 BILLION, total CAFR spending was $50.8 BILLION — $24 BILLION more than what the annual General Appropriations Act covers. What does FY2009 have for its total?
A recent Lawrence Eagle-Tribune article (http://www.eagletribune.com/punews/local_story_306013132.html) entitled “Lawrence has $9.5M deficit, DOR says” stated that the city of Lawrence “municipal budget is roughly $80 million”. Knowing that much more than that is spent on the Lawrence school system alone, it is clear there is something wrong with those numbers. Thankfully, the city has to file [...]
If you have read Kamal Jain’s story, then you might be wondering about total spending, and what, exactly, “off budget” spending is and how it fits into the budget. The answer is that it does not. When officials such as the Governor, the Senate President or the Speaker of the House — or any member [...]
As a long-time political activist, one of the most common disagreements I have seen among people is around taxation and spending. Many well-intentioned people argue that taxes are too high. Others argue that some government programs are not adequately funded, and that taxes ought to be raised rather than lowered. In the end, most reasonable [...]