What Crisis?

Originally posted in a LVRJ Forum

The biennial budget -- K-16, mental hospitals, prisons, 3 branches, etc -- represents only ~1/3 of state government spending.

One third.

The FY '10/'11 (biennial) budget is ~$3.4B/yr. Therefore, TOTAL state appropriations -- including roads and Nevada spending reimbursed by the Federal government -- are actually ~$10B/yr.

$10,000,000,000 per year.

Current revenues are ~$2.4B/yr. About $1B/yr less than what the Republicrats schemed but still impressive by historical measure. That was FY05's record-high tax haul.

The point is, using the same 2:1 ratio, total state appropriations are still ~$7.2B/yr and likely HIGHER. The federal government must have granted us all sorts of matching fund indulgences.

Some crisis.