Tuesday, August 21, 2007

Why do you have reserve funds? 

The most remarkable thing I see in the discussion for a special session is the lack of focus on what the state has in reserves. So here's the spreadsheets for all state funds, after the regular session ended. There is $4 billion in the reserve accounts. Over $2 billion are reserves in the general fund. There is $121 million in the Municipal State Aid Street Fund, $323 million in the County State Aid Highway Fund.

What is the purpose of these funds, if not to provide for emergencies?

What is a flood and a bridge collapse, if not emergencies?

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