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Associate Justice PiT
PiT (The Physicist)
Atlas Politician
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Posts: 31,175
United States


« on: November 23, 2011, 10:33:10 PM »
« edited: November 23, 2011, 10:42:22 PM by Emperor PiT »

     There's an extra-updated version somewhere in my office, but it is almost the same as that. I'll go get it for you.

     EDIT: Here is the most recent budget:

     This is the budget. All items new since the last official budget are in red.

2011 Budget
Notes
  • Base shall be understood to refer to the combined totals of the state governments minus Puerto Rico.
  • Total shall be understood to refer to the combined totals of the state and regional governments minus Puerto Rico.

Regional Spending
Pensions
-Base: $3.81 billion
-Total: $3.81 billion

Health care:
-Base: $121.9 billion
-Total: $121.9 billion

Education:
-Base: $48.9 billion (post-Educational Hotfix Act - original figure was $0, real-life gross state figure is $73.4 billion)
-Tertiary Education/Other Capital Outlay-Higher Education/Southeastern Educational Incentive Act: $3.5 billion
-Pre-Primary through Secondary Education/Other Capital Outlay - Elementary and Secondary Education/School Choice Initiative: $56.4 billion
-Total: $108.8 billion

Defense:
-Base: $0.6 billion
-Total: $0.6 billion

Welfare:
-Base: $40.4 billion
-Total: $40.4 billion

Protection:
-Base: $21.5 billion
-Total: $21.5 billion

Transportation:
-Base: $28.2 billion
-Total: $28.2 billion

General government:
-Base: $7.4 billion
-Total: $7.4 billion

Other spending:
-Base: $18.7 billion
-Cultural Services/Pentagram Creation Act: $200 million (1 time expense)
-Infrastructure and Development/2011 Emergency Tornado Relocation Act: $15 billion (1 time expense)
-Infrastructure and Development/2011 Flooding Damage Repair Bill: $10 billion (1 time expense)

-Puerto Rico: $17.27 billion (total spending of PR- PR is not included in any other category in Spending but the Total Regional Spending)
-Total: $61.17 billion

Interest: $7.4 billion (assumes that Regional Government does not have to pay its own interest)

Total Regional Spending: $401.18 billion (includes Interest)


Regional Revenue
Income Taxes:
-Base: $0 (state cannot collect their own income taxes)
-Corporate Income Tax/Tax-Corporate Net Income/Put the "free" back in Free Enterprise Bill: (see personal income tax rate)
-Corporate Income Tax/Tax-Corporate Net Income/Southeast Nuclear Energy Initiative, Chapter 4: -66.1 million (-0.0661 billion)
-Corporate Tax Rate: 8.6% (part of Free Enterprise Bill above - remember other provisions).
-Personal Income Tax Rate: 5.8% ($$61,650,000,000/year)
-Total: $61,583,900,000 or $61.5839 billion

Social Security Taxes: 
-Base: $15.1 billion
-Total: $15.1 billion

Ad-valorem Taxes:
-Base: $252.3 billion
-Excise Taxes/Tax-Alcoholic Beverage Sales/Southeast Alcohol Initiative, Section 8: $1.3127 billion ($1.00/proof liter or $0.385/gallon for beer, $0.909/gallon for wine, $3.31/gallon for spirits)
-Excise Taxes/Tax-Tobacco Products Sales/Southeast Tobacco Initiative, Section 6:  $0.04/cigarette ($6,034,000,000/year), $0.08/cigar ($80,000,000/year), $2.00/kg tobacco ($24,000,000/year)
-Excise Taxes/Tax-Marijuana Products Sales: $3.00/ounce ($48,000,000/year)
-Sales Taxes/Tax-Public Utilities Sale/Southeast Nuclear Energy Initiative, Chapter 4: 80% of standard electricity excise tax: $0
-Sales Taxes/Tax-Public Utilities Sale/Southeast Biomass Initiative, Section 3: 80% of standard electricity excise tax: $0
-Property Taxes/Tax-Property/Southeast Nuclear Energy Initiative, Chapter 4: n/a ($0)
-Transportation/Tax-Motor Fuel Sales/Transportation Commission Initiative, Chapter 3, Section 22: $0.08/liter ($17,284,230,161/year)
-Transportation/Tax-Motor Vehicle License/Fair Consequences Initiative, Section 3: $10,700,000/year
-License/Tax-Other License/Off-Shore Religious Organizations Initiative, Section 2: n/a ($0)
-Total: $277,093,630,161 or $277.093630161 billion

Fees and Charges:
-Base: $107 billion
-Other/Charges-All Other/Pentagram Creation Act: $5,700,000/year
-Other/Charges-All Other/Safe Roads Initiative, Section 6: $44,400,000/year
-Total: $107,050,100,00 or $107.0501 billion

Business and Other Revenue:
-Base: $132.5 billion
-Puerto Rico: 24.96 billion
-Total: $157.46 billion

Gross Public Debt: $598.7 billion (assumes that Regional Government has not accumulated its own public debt)

Rainy Day Fund: $25 billion

Total Regional Revenue: $618,287,630,161 (does not include Gross Public Debt or Rainy Day Fund)


$Balance: 217,107,630,161

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Associate Justice PiT
PiT (The Physicist)
Atlas Politician
Atlas Superstar
*****
Posts: 31,175
United States


« Reply #1 on: November 20, 2012, 11:36:33 PM »

     Does the South need any money for Hurricane Sandy? I wasn't made aware of this request for money until quite recently.
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Associate Justice PiT
PiT (The Physicist)
Atlas Politician
Atlas Superstar
*****
Posts: 31,175
United States


« Reply #2 on: November 21, 2012, 05:31:00 PM »

     Does the South need any money for Hurricane Sandy? I wasn't made aware of this request for money until quite recently.

Damage was minor in Florida. Sand was washed onto some coastal roads in South Florida, and traffic lights were thrown out of order due to power outages, and of course you had flooding and beach erosion in some areas. Schools and all extracurricular activities were cancelled in Palm Beach/Broward/Dade Counties, as did several schools on the Treasure Coast. In east-central Florida, 1,000 lost power. 20 flights were cancelled at Miami and 13 were cancelled at Ft. Lauderdale. There was also damage to the White Oak Conservation Center in Nassau County, which led to two panthers escaping (they were later recaptured). A Russian electronic intelligence-gathering ship was also granted safe harbor in the commercial port of Jacksonville.

In North Carolina, a state of emergency existed in 24 western counties due to large snowdrifts (up to a foot). 2 feet of water flooded Highway 12 and Ocracoke, while 20 people were stranded on Portsmouth Island. The HMS Bounty sank off the coast of North Carolina as well, and five sections of the Blue Ridge Parkway were shut down.

     We probably have enough surplus to pass our own bill to take care of it then. 'Tis a tragedy that other regions were not so fortunate as our own.
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