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Budget Trickery. Representative Pete DeGraaf. House District 81 – Rep. Pete DeGraaf. My Newsletter. My Contact Info I serve on the House Appropriations General Government Budget Government Efficiency
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Budget Trickery Representative Pete DeGraaf
My Newsletter • My Contact Info • I serve on the House • Appropriations General Government Budget Government Efficiency South Central Delegation KLEAR • Please take my online Survey www.Peter DeGraaf.com
Turning PASSION into Positive Power
How to Write Your Legislators • Keep it Short (The shorter the better!) • One Topic per Letter • Identify yourself (I live in your district a and I’m a concerned parent, business owner..) • Thank them for serving • Be Specific (What you want them to do about an issue or bill) • End with Your Name, address, phone number, and email address
Trickery Use of Debt – 8
Trickery Use of Debt – See Report – Worst in Region 11
Trickery Refinance Debt – Lengthen Repayment Pay Interest Only 25yr Transportation Bonds 12
Trickery Hidden Liabilities - KPERS ($8 -19 billion) - School Bonding (Equalization) - City and County Debt - Federal Emergency – 25% 13
Trickery Hidden Liabilities - KPERS ($8 -19 billion) - School Bonding (Equalization) - City and County Debt - Federal Emergency – 25% - Case Loads - School counts / formula 14
Trickery Hidden Liabilities Abandoned Oil Wells, Wind Mills? , Old Hotels, Amusement Parks, Coliseums, Race tracks, Ice Rinks… will Casinos be next? Meth Homes… 15
Trickery Looking at only part of the picture - 16
KS Fiscal Factspage 25All Fund ~ $14 BState General Funds ~6 B 18
Trickery Looking at only part of the picture – Transportation Budget K-12 School Budget Regent’s Budget 19
Trickery No Emergency Fund - 7.5% Ending Balance see handout - Exempt ourselves 20
Trickery Change your projections - Percent of Growth too optimistic 21
Where does the money come from? Total Revenue: $6,047.6 Total may not add due to rounding
Trickery Use Savings and Sell Assets - Can be good thing - Over taxed – too high of Fee - Fee Sweeps for other things - 20% Fee to Service Industry - Unused Buildings and Land 25
Where does a dollar come from? FY 2012 Estimated State General Fund • Individual Income Tax 45¢ • Sales and Compensating Use Tax 39¢ • Corporate & Financial Income Tax 4¢ • Insurance Premium Tax 3¢ • Alcohol Taxes 3¢ • Tobacco Taxes 2¢ • Severance Tax 1¢ • Other Taxes 3¢ Total Receipts $1.00
Where does a dollar go? FY 2012 Approved State General Fund Expenditures • Department of Education 50¢ • Board of Regents and Institutions 12¢ • Other Education 1¢ Subtotal Education 63¢ • Dept. of SRS (including Hospitals) 12¢ • Department of Health and Environment 10¢ • Dept. of Corrections and Facilities 4¢ • Dept. on Aging 3¢ • Judicial, Board of Indigents’ Defense 2¢ • Juvenile Justice Authority and Facilities 1¢ • All Other 5¢ Total Receipts $1.00
Where does the money go? Total Expenditures: $13,913.1 Total may not add due to rounding
Where does a dollar go? FY 2012 Approved All Funds Expenditures • Department of Education 26¢ • Board of Regents and Institutions 16¢ Subtotal Education 43¢ • Dept. of SRS (including Hospitals) 13¢ • Dept. of Health and Environment 13¢ • Dept. of Transportation 10¢ • Dept. of Labor 5¢ • Dept. on Aging 4¢ • Dept. of Corrections and Facilities 2¢ • Judicial, Legislative, and Elected Officials 2¢ • Juvenile Justice Authority and Facilities 1¢ • All Other 7¢ Total Receipts $1.00
How is the money spent? Total Expenditures: $13,913.1 Total may not add due to rounding
How is the money spent? Total Expenditures: $6,054.8 Total may not add due to rounding
Trickery Skip Payments - KPERS 33
Trickery Delay Payments - Schools (Not one this year) - Revenue – Refund Checks 34
Trickery Defer Maintenance - Building - Boilers - Roads - Bridges - Airports 35
Trickery Counting Chickens before they hatch - Casino Money - Tax Settlements 36
The Executive Branch is getting better at providing better Access and Transparency – now they need to focus on making the data easier to understand. 38
Trickery Use of Personnel Funding - Open Positions - “Shrinkage” 41
Where does the money go? Total Expenditures: $5,450.1 Total may not add due to rounding