(11-03-2022, 10:08 AM)king1 Wrote:is that not budgeted for as well?(11-03-2022, 10:02 AM)Magoo Wrote: were budgets not based on the projected income at the time of budgeting?same happens to the expense side as well though, unexpected or inflationary cost increases over and above the budget...
the extra take is 'found' money, ex budget.
so that we dont have to rely on a 'potential' increase in the tax take to cover shortfalls?
the money still remains found?
makes me think of the california lottery
all its proceeds go to education. substantial proceeds.
this was supposed to be 'extra', something for schools to have for costs not covered by the fed's or state.
it was increasingly used for everything from wages to school buses, and in times of economic hardship (GFC)
the first thing to go is the disposable income that lottery tickets are.
the lottery take shrivelled and nearly bankrupted the school system.
happened during arnies watch i think.
(11-03-2022, 10:07 AM)ObeWan Wrote: It is an excise tax.must be a mountain of cash there
The proceeds of taxes collected from fuel must only go to roading and transport infrastructure by law.
labour havent started any new roading projects, dragged their feet those already underway (transmission gully)
and shelved everything national had shovel ready.
where tis?
So if you disappear out of view You know I will never say goodbye