Sunday, June 20, 2010

Hey, Big Spender!

They say it takes a village to raise a child.
We think they also say that it takes a lot of years to build up to a $72.3M expenditures budget.
Or not...

If one tracks the expense side of the budget ledger over the past 7 years, we see the trend of spending. Frankly, the 2010-11 budget does make a case for some degree of fiscal restraint. The degree to which expenditures are increasing over this past year, are the 2nd lowest over the past 7 budgets.

But...on the flipside...remember that despite it being the 2nd lowest increase in 7 years, it's still a $3 MILLION dollar increase.

The devil, however, is often in the details. If one looks at the expense side of the ledger in the standard "65.90" budget format, expenses fall under 3 main categories: Instruction, Support Sources, and "Non-Program Transactions". The increases in each of these "subheadings" can also be reviewed.

Kinda makes you wonder how things track on some of these sub-subheadings--like "School Building Administration", doesn't it?