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MORE STATE BUDGET ERRORS

By Greg L | 25 August 2006 | Virginia Politics | 3 Comments

After Delegate Lingamfelter pointed out an amazing series of gaffes with the state budget at the last PWCRC meeting, Jim Riley points to yet another instance of fiscal malfeasance from Richmond. This little $137 million mistake adds on to the $260 million boo-boo made earler, and in my mind puts the accuracy and reliability of the entire state budget into question.

This is the fourth major error discovered in the budget in the past six months by my count. So when Governor Kaine starts talking yet again about the need for a tax increase, and I’ve no doubt that he will, how can we trust the reasoning he will provide to substantiate the request?

It’s about time we bring independent auditors in to bring some confidence to state financial reporting. This is outrageous.



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3 Comments

  1. Had to Say said on 25 Aug 2006 at 5:07 pm:
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    Maybe all of this was done on purpose and not really mistakes at all.

  2. Riley, Not O'Reilly said on 25 Aug 2006 at 9:39 pm:
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    Perhaps we need to do what some other states do and independently elect a State Auditor or a State Treasurer who will be directly accountable to the voters for keeping watch over such matters.

  3. Anonymousisawoman said on 26 Aug 2006 at 11:11 am:
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    Riley, Not O’Reilley,

    We agree on something! I think we should have a state treasurer who is accountable for the fiscal responsibilities of running the state. The office should have the most up to date accounting procedures with all the proper checks and balances. That office also should have the responsibilites for both collection of taxes and disbursement of payments. And they should be subject to audits as well.

    Kudos for suggesting it!

Comments are closed.


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