Robbing Peter To Pay Paul
Monroe County, which is located in upper New York State, must be taking lessons from the City of Rochester, which is located in Monroe County, when it comes to financing. The County is looking at an approximate 20 million dollar shortfall when it comes to balancing the budget this year. So, what are they doing in order to balance the budget? No, they’re not cutting costs, which is what households all over the nation have to do. Instead, they’re looking at robbing Peter to pay Paul.
The plan is to tap into a couple income streams, taking the approximate 20 million dollars from future income, to balance the books. Of course the County Executive’s Office says this is a one time deal, and it’s only to balance the budget this year. But then again, faced with a budget shortfall for next year’s budget, Monroe County leaders are already planning to rob from the school districts, that’s right, taking money away from education, in order to balance the 2008 budget. Again, we hear nothing about cutting back. It’s all about the shell game of shuffling money around.
Just where do politicians get these ideas from? But then again, Governor Spitzer, the Governor of New York, is throwing millions of dollars around all in an attempt to raise his standing in the recent public opinion polls. He’s refusing to collect some 200 million dollars in sales tax receipts from Native Americans, which he included in his 2007 budget. How will the shortfall be made up? Who cares, say most politicians. After all, we can just operate at a deficit and raise taxes. Or, just rob Peter to pay Paul.
I wonder how the finances are in their own homes?
Just my two cents,
Dr. Rus
