Tag: FY 2015 budget

Bureaucracy to prevail at expense of the taxpayer

The Devious SC General Assembly

The disconnect between the SC General Assembly and local political sub-divisions is highlighted by excess state budget appropriations.

House bill H 4320 amends the FY 2016 budget bill, H 3701, to appropriate excess state revenues certified by the SC Board of Economic Advisors.

Dealing with just three sections of H 4320 demonstrates how devious the SC General Assembly remains in limiting the ability of local governments to fund their services while taking care of its members.

According to H 4320, the SC Board of Economic Advisors has certified recurring general fund revenue for FY 2016 of $150 million (Section 1). This is additional recurring money that was not anticipated at the beginning of the legislative year.

In addition, the board certified $150.2 million in excess revenue collected during the current fiscal year (Section 3).

Those two excess revenues total slightly over $300 million.

But, that isn’t enough for the SC General Assembly. In Section 5 of the bill, state legislators reduced the state contribution to the Local Government Fund by $20.425 million.