Budget Numbers at a Glance
Yesterday, the House passed its biannual horribly debt-ridden, overspent budget, for the fiscal years of 2011 and 2012.
Here's a quick look at the overall numbers for this budget, and a comparison to the last two:
Overall spending:
2007-2008 $18.1 billion
2009-2010 $17.55 billion
2011-2012 $17.5 billion
Total bonded indebtedness:
2007-2008 $2.01 billion
2009-2010 $1.51 billion
2011-2012 $2.2 billion
Appropriated debt service as a percent of revenues:
2007-2008 4.7%
2009-2010 4.3%
2011-2012 over 7%*
*overheard yesterday on the coverage of the House debate. Unsure of the real number
