Outside the General Fund

The General Fund Availability Statement of the House budget states that General Fund appropriations are $20.3 billion. This sum is paid with revenues from taxes, fees, transfers from other funds, and other miscellaneous income sources. What the $20.3 billion does not include, however, are the new positions and programs funded with receipts (federal funds, fees collected by agencies that do not go into the General Fund, tuition payments, etc.), not to mention the existing programs whose budgets have been shifted from the General Fund to other sources.

This article was posted in Budget & Taxes by Chloe Gossage on May 16, 2007 at 12:00 AM.

© 2011 The Civitas Institute. Visit us on the web at www.nccivitas.org.
This article can be found at http://www.nccivitas.org/2007/outside-general-fund/

Leave a Reply