Wednesday, April 29, 2009

FY 10 Gloucester County Budget

Gloucester County has published it's planned budget for physical year 2010. According to the submitted and published budget posted on the Gloucester County Government site, the budget is being cut by over $18 million dollars. The new budget is listed at over $104 million dollars for the county. With a county population of somewhere around 30,000 people, that is over $3,600.00 for each person in the county. Click here to get a copy of the 168 page PDF file. Under 1mb in size. Click Here to go to the site.

Okay, great we have a budget. My question isn't the budget, but instead, how much money does the county have that is well above and beyond the budget. Companies have budgets. People have budgets. It does not answer how much money is actually in the coffers and available. If school funds are being cut in the budget, why? It's a budget. How much money does the county actually have? This is the Billion dollar question. The state has been cutting the school budgets and now the schools are all crying and cutting back. It's a budget. Someone took money from somewhere and said this is what we are allowing you. Please do not explain simple economics to me. I'm aware of them and it would only be a diversion of the real question.

If I make $100 thousand a year and decide to live on a $30 thousand dollar budget, that's all it is. A budget. I still have that $100 thousand dollars a year coming in. There is still $70 thousand left unaccounted for. Anyone ever ask this question? I'm not saying or even suggesting that the county would ever even consider doing anything wrong, there is nothing wrong with the above situation.

Here is a point. During an economic downturn, if a state or a county has plenty of excess capital on hand instead of cutting the budget and funds to meet the economic situation, it would seem more logical for the state and local governments to increase spending to help fuel the economic situation. The government cutting back when capital is available just works against the people who elect the officials. If companies are laying off, if the state or county has the cash, bring some of those people in. Refuel the economy, not add to it's demise. When the economic situation reverses? Help those people back into the private sector.

Just a thought.

1 comment:

  1. This is a very interesting blog and so i like to visit your blog again and again. Keep it up.



Thank You for taking the time to comment on this article. Please note, we moderate every comment before we allow it to post. Comments do not show up right away because of this.