JLF Research | Spotlights
Spend Now, Tax Now & Later: House budget would spend 7.6 percent more in FY2007-08
May. 15th, 2007
House members approved a $20.3 billion budget for fiscal year (FY) 2007-08, up 7.6 percent from FY 2006-07; 1.5 times the 5.1 percent combined rate of inflation and population growth.
Proposed spending is $1.4 billion ($158 per person or $632 for a family of four) higher than in FY 2006-07. Nearly all of the increase is in K-12 education, even though dropout rates have been increasing.
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