It’s a $50 billion budget

In yesterday’s Shaftesbury luncheon, I heard my good friend Joe Coletti refer and clarify the state’s $50 billion budget.  So many of us get caught up with what the news media says about the state budget, but remember they are only reporting on the General Fund which is $20 billion.

Below is a break down of the FY 2012-13 budget and here you can see how much other spending occurs outside the General Fund.  In my opinion, we need to spend a little more time debating what is going on outside the General Fund instead of focusing all our attention on less than half of the total state budget.

Screen shot 2014-03-11 at 12.01.23 PM

Numbers may not sum correctly due to rounding.

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