When Governor Jindal was campaigning last fall, he was openly critical of former Governor Blanco’s use of non-recurring revenue to perpetuate $800 million of spending in the current (FY 07/08) budget. Candidate Jindal made a valid point: Using one-time money to fund recurring expenditures is a dangerous game of kicking the can down the road, hoping that somehow future revenues will grow sufficiently to offset the reliance on the one-time money.
When Governor Jindal submitted his executive budget this March, he covered half of the $800 million hole with recurring revenues. He promised he would fill the balance in the next (FY 09/10) budget. However, when the Revenue Estimating Conference met recently and certified almost $400 million in higher revenue for next fiscal year, the governor and the Legislature moved to use that money to plug the rest of the hole created by Blanco’s use of non-recurring revenue. That should leave the next (FY 08/09) budget essentially independent of one-time revenue to balance the books.
There may be, however, a move afoot to duplicate the problem the Blanco administration created by budgeting one-time revenue for recurring expenditures.
HB 926 is an instrument co-authored by the chairmen of the House Appropriations (Rep. Jim Fannin) and Senate Finance (Sen. Mike Michot) Committees. The bill would take $930 million of the $1.25 billion in excess revenues on hand in the current budget year and shove them into a group of “special funds.” If the dollars go into these funds, they will not end up as surplus. If they were to roll over as surplus, the state constitution requires that they be spent on truly non-recurring expenditures such as highway construction, coastal erosion, and the paying down of state debt. There would be no danger that the $930 million in non-recurring revenue could be spent on items recurring in nature.
HB 926 should lead legislators and the media to ask some important questions of the Jindal administration and his leaders in the Legislature. If the $930 million is diverted into the “special funds,” it could not be spent either in the current budget or the FY 08/09 budget without a huge increase in the spending cap. That isn’t likely to happen—especially in the House of Representatives. If that is the case, why shove almost a billion dollars into these “special funds”?
One hint might come from the fact that the FY 09/10 budget will likely see a $1.2 billion increase in the spending cap through personal income growth that the cap is tied to. Could the possible move to push the $930 million—or more—into the funds be designed to drastically increase spending in the budget to be enacted in the 2009 Regular Session? If so, it would be with money that has not been certified to be recurring for future purposes. If that is the plan, how would it be any different than Governor Blanco’s actions that were denounced by then-candidate Jindal?
Fiscal conservatives and members of the media should keep a careful watch on what—if anything—happens with HB 926 during the remainder of this session. If the bill moves and is loaded down with hundreds of millions of dollars in excess revenue from the current budget year, some serious questions should be asked of the governor and his legislative leadership. The Blanco administration was criticized for partially funding a bloated budget with non-recurring revenue. If it was wrong for Blanco and her legislative leadership to do it, why would it be proper for Jindal and his to do the same?
SADLY, TIME AND TIME AGAIN THESE TYPES OF THINGS OCCUR. IT IS A SHAME THEY AREN'T A NON-RECURRING EVENT..... BUT.............. THE RECURRING COSTS WILL HAVE TO BE COVERED SOMEHOW....
By DAVID TWIDDY, Associated Press Writer
Sat May 24, 6:59 AM ET
KANSAS CITY, Mo. - Emergency workers were picking through debris after tornadoes rampaged in western and central Kansas and northern Oklahoma for a second night in a row.
The city of Protection in Commanche County took a direct hit from a tornado Friday, although the damage seemed mostly limited to overturned trees and power lines. The worst destruction occurred at a manufacturing plant, a Commanche County Sheriff's dispatcher said.
"Emergency responders are going door-to-door to see if anyone needs rescuing," said Sharon Watson, spokeswoman for the Kansas Adjutant General's Department.
A man was injured when his vehicle was blown across a highway in Gove County, where at least 12 homes had been destroyed or suffered major damage, Watson said.
At least two houses elsewhere in Kansas were destroyed, and several mobile homes in Lane County were ripped apart, some with people in them. No injuries were reported, Watson said.
In northern Colorado, meanwhile, officials were thankful the tornado that damaged 596 homes in Windsor on Thursday hadn't caused more casualties. One man died — at a campground outside neighboring Greeley. About 100 people were treated for broken bones, cuts, scrapes and bruises, and only three were hospitalized for stress.
The farm town of 16,000 has an automated system to call residents with alerts, but the storm developed so quickly that there wasn't time to activate it, public information officer Dan Hatlestad said.
Windsor Mayor John Vazquez couldn't explain why there weren't more casualties.
"I don't have the answer for that," Vazquez said Friday. "The grace of God? It was a big storm."
The twister damaged or destroyed homes, businesses, dairies and farms in several Weld County towns Thursday. The storm system pelted the region with golf ball-size hail, swept vehicles off roads and tipped 15 rail cars off the tracks in Windsor, a farm town about 70 miles north of Denver.
Stormy weather, natural gas leaks and the threat of explosions kept hundreds of anxious residents from assessing the damage to their homes Friday.
Police and more than 100 National Guard troops cordoned off a particularly hard-hit area of about one square mile so utility crews could check each home for gas leaks, repair gas mains severed by uprooted trees, remove downed power lines and clear streets of shattered glass and debris.
It might take a day or more to secure the area, said Bill Easterling, commander of the emergency response team.
"I think at this point it's pretty much hit me," said a dejected Cindy Miller, a 46-year-old high school teacher. "I'm not going home for a while."
Before being ordered out Thursday, Miller found a wall to her house torn apart and insulation, glass, water and debris everywhere. Wooden planks had penetrated a bathroom wall, and her trampoline was in a neighbor's yard.
Conditions converged in just the right way, time and place to produce "a pretty remarkable tornado," said Greg Carbin of the National Oceanic and Atmospheric Administration's Storm Prediction Center in Norman, Okla.
A preliminary damage survey Friday by the National Weather Service showed the tornado that hit Greeley was likely an E-F3, with speeds from 136 mph to 165 mph, and the one that hit Windsor had wind speeds of 111 mph to 135 mph. Meteorologist Dan Leszcynski said it was unclear whether the twisters were one and the same.
Threatening skies, high winds and another tornado warning Friday forced workers to temporarily suspend cleanup and residents to scurry to shelter. At least two tornadoes were reported in the plains east of Windsor. No damage was reported. The National Weather Service received reports that another tornado near the Nebraska line downed four power lines, snapped a fence and overturned a stock trailer.
In Oklahoma, an elephant trunk-shaped tornado was spotted about 10 miles northeast of Fort Supply on Friday. At least one home was damaged, but there were no reports of injuries. On Thursday, a 14-year-old boy was killed when his stepfather drove onto a road in northwestern Oklahoma that had been washed away by heavy rain, authorities said Friday.
The city of Greensburg, Kansas, which was largely destroyed a year ago by a massive twister, reported minor damage when a tornado hopped from the western edge to the eastern edge of town Friday.
"The funnel cloud went directly over the top of Greensburg," said Ray Stegman, Kiowa County emergency preparedness manager.
Small tornadoes were reported Friday in Platte County in Wyoming, said Chad Hahn, meteorologist with the National Weather Service there. Some damage was reported but no injuries.
About 100 people have died in U.S. twisters so far this year, the worst toll in a decade, according to the weather service.
___
Associated Press writer Ivan Moreno in Windsor, Colo., contributed to this report.
Written by Here is an example of ..................
on 5/24/2008
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Oh, wink - wink, I know what this is.... It is Louisiana's counter to Ethics reform... You sly little vixens you!!!!!!! Written by
on 5/23/2008
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>>>>>>>>If they were to roll over as surplus, the state constitution requires that they be spent on truly non-recurring expenditures such as highway construction, coastal erosion, and the paying down of state debt.<<<<<<<<!?!?!?!?!??????/ WTF?? Recurring means occurring over and over and can refer to several different things..... And then of course there is the prefix; Non or non which can refer to: French equivalent to English "no"; Italian equivalent to English "not"; Latin equivalent to either "not" or "no"................... So wut did u jus said????? No wonder we are so screwed up... Louisiana legislatures wouldn't know a good thing to put tax dollars towards if it came up and bit them in the arse..............
Written by This is one of the stupidist articles I have read
on 5/23/2008
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Coastal erosion is 'non-recurring' in nature????? Hooooo-wheeeee!!!! Written by
on 5/23/2008
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