Budgets are on the minds of everyone these days. They include federal, state, and municipal, corporate and private. Private is your own and you can take charge based on your bank balance and your income. Corporations consider profit and increase prices to cover costs including compensation for CEOs, which recently for Yahoo was $90,000 a day.
When we get down to municipal, state, and federal, we need to account for some income as well as expenses. Income is covered by reimbursement for costs billed directly to projects, fees which are arbitrary amounts based on the private need, and then bonds and taxes. Taxes are sometimes included on the ballot and apply to special actions sponsored by the particular agency. Income for fed, state, and municipal is often vague or not mentioned at all in budget votes by legislators.
I am suggesting that the income be reported possibly quarterly in the newspapers. So much depends upon population and land values.
Just for one example, the Social Security for older people should include the deductions from pay checks and the dollars delivered by the monthly checks. Also it would be fitting for each new baby to be assigned a Social Security number by their second day. Death certificates should include Social Security numbers so we aren’t paying dead people.
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The public should have access to public expenses for infrastructure and improvements such as the 12-cent gas tax proposed by Governor Brown. Voters some years ago voted for a $97 billion bond issue to cover water infrastructure, which would apply to Oroville Dam repair. Are we voters getting all we voted for?
David Garden Sr.