Quote Originally Posted by Harvey44
Adkskier - or anyone - when is the final budget submitted or approved?
That's Funny!!! Hehehehe!!! LMAO???

Nothing personal harv.

Budgets in NY lately are never finalized. Usually they are voted on (sorta) very late after April, think Fall. Even then they are an extremely leaky bucket. Some large yearly expenses are not even counted in the " budget " so that they can be concealed. Most NY budgets passed are not even close to being funded and the dinks either pass legislation from the hip, plunder existing funds like the Highway funds, etc. and as is the case this year, just ignore deficits and try to pay for them with next year's money... robbing Peter to pay Paul.

There are some State programs/mandates where NY State simply just quit sending the local municipalities the payroll/expense money it traditionally paid to operate these programs. They never sent a memo, letter, any notification at all to the locals informing them of this a year or so ago when it started. Can you imagine? So far the local Governments are footing the extra cost. So far.

NY is 2 Billion short on this year's budget ending March 31. The unemployment fund is over 2 Billion in the red and growing fast. Many main bridges in populated areas are slated to be immediately replaced - badly need replaced - and there's not enough money. The State has suspended State Income Tax refund checks till April cause it can't pay them and it's bills. It still has 4-5 billion left to refund....they're not gonna have it. Starting April 1, the next year is between 8-12 billion additional dollars short - SO FAR. There's " off budget " annual expense items not even counted towards that budget's deficit but are still very real issues. Last year, Schools around the State were artifically propped up by the Stimulus money. That is running out. You can bet your left Hickory there's much more they don't tell us or have concealed. Toss in a nice helping of default to lower bond ratings and add even more increase to the deficit.

This year's " finalized budget " ends March 31. It never was a workable budget. They fully knew that last summer. They didn't even have borrowing included to cover the 2 Billion dollar deficit!! Nothing! They just said we're spending X amount of dollars and never had anything in place to provide all those dollars. Can you imagine? So that budget was never " finalized "! It will expire unfinalized.

Doesn't it make you feel good to know that we have the Most Dysfunctional State Legislature in the Nation to lead us through this calamity ? All warm and fuzzy like....