Monday, March 16, 2009

Shortfall now exceeds state budget when I got here

When state budget officer Charlie Perusse briefed reporters last week on the estimated shortfall of $2.2 billion in the current (2008-09) budget ending June 30, it didn't immediately hit me how big that was. Only after my colleague Jim Morrill sent along a note asking whether it was a record state budget shortfall (I think so, I told him, but I'd check it out to be sure) did it hit me. This shortfall is bigger than the state General Fund budget was when I arrived in Raleigh 32 years ago as Raleigh correspondent for the old Greensboro Daily News, now the News and Record.

That year, Gov. Jim Hunt's first year in office, the General Fund budget was $1.7 billion.

In 1995 it had grown to $10.2 billion.

The current budget, prior to the shortfall, anyway, was $21 billion and change -- and $22.1 billion is the tab for next year's continuation budget.

Whew. Time flies, and so does money.

9 comments:

Anonymous said...

Sounds like an opportune time to slice a nice slab o fat off the states rump roast

Anonymous said...

And in 32 years how many columns have you written advocating budget cuts?

ZERO.

Anonymous said...

Say NO to sin taxes. Matter of fact we need to abolish all income taxes and lower sales taxes.

Anonymous said...

Anon 11:10 Amen. Enough is enough.

best-tutor said...

Hello!

very nice post... enjoyed it very much.

Thank you

http://www.best-tutor.com
http://best-tutor.com"

good site

tutor
tutor

Lorraine said...

cheap wedding gowns
discount bridal gowns
China wedding dresses
discount designer wedding dresses
China wedding online store
plus size wedding dresses
cheap informal wedding dresses
junior bridesmaid dresses
cheap bridesmaid dresses
maternity bridesmaid dresses
discount flower girl gowns
cheap prom dresses
party dresses
evening dresses
mother of the bride dresses
special occasion dresses
cheap quinceanera dresses
hot red wedding dresses

传斌 said...

replica Watches
replica Watches
replica Watches
fake Watches
knockoff Watches
replica Rolex Watches
replica Breitling Watches
replica Cartier Watches
replica Omega Watches
replica Tag Heuer Watches
replica Bell & Ross Watches
replica Panerai Watches
replica IWC Watches
replica Patek Philippe Watches
replica Chopard Watches
replica Gucci Watches
replica Corum Watches
replica Montblanc Watches
replica Jacob & Co Watches
replica A.Dunhill Watches
replica A.Lange & Sohne Watches
replica Alain Silberstein Watches
replica Audemars Piguet Watches
replica B.R.M Watches
replica Baume & Mercier Watches
replica Blancpain Watches
replica BMW Watches
replica Breguet Watches
replica Burberry Watches
replica Bvlgari Watches
replica Chronoswiss Watches
replica Concord Watches
replica D&G Watches
replica De Witt Watches
replica Dior Watches

lucyliu said...

nike air max 90
nike air max 95
nike air max tn
nike air rift
nike shox r4
nike air max 360
nike shox nz
puma mens shoes
puma shoes
puma speed
nike shoes
nike air
nike air shoes
puma cat
air max trainers
mens nike air max
nike shoes air max
nike shoes shox
air shoes
nike shoe cart
puma future
cheap puma
sports shoes
nike air rifts
nike air rift trainer
nike air
nike rift
nike rift shoes
cheap nike air rifts
bape shoes
jeans shop
diesel jeans
levis jeans

LAN said...

puma mens shoes
puma shoes
puma speed
nike shoes
nike air
nike air shoes
nike air max 90
nike air max 95
nike air max tn
nike air rift
nike shox r4
nike air max 360
nike shox nz
puma cat
air max trainers
mens nike air max
sports shoes
nike air rifts
nike air rift trainer
nike air
nike shoes air max
nike shoes shox
air shoes
Lucyliu IS Lucyliu
nike shoe cart
puma future
cheap puma
nike rift
jeans shop
diesel jeans
levis jeans
nike rift shoes
cheap nike air rifts
bape shoes