Posted: | April 15, 2020 09:15 AM |
---|---|
From: | Representative Cris Dush |
To: | All House members |
Subject: | Eliminating Binge Spending at the End of the Fiscal Year |
Government agencies, at the end of the fiscal year, will often increase the rate of the agency’s expenditure to avoid having funds lapse back into the General Fund. This view of taxpayer money can be best described as “use it or lose it” or binge budgeting. I’ve seen it at both the state and federal level when employees are asked to provide a “wish list” of stuff they would like to see in their work areas. In order to prevent agencies overspending taxpayer money at the end of the fiscal year, I plan to introduce legislation which would place restrictions on how much each agency could spend. Under the bill, each agency would only be allowed to spend a certain amount over the final two months of the fiscal year. As specified in the bill, the amount allowed would be equal to the agency’s average monthly expenditures over the first 10 months of the fiscal year. As a result, this legislation would prevent agencies from binge budgeting and ensure taxpayer money is spent prudently throughout the entire fiscal year. Please join me and co-sponsor this important fiscal reform. |