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Title: Budget Announcement


Commoncold0 - March 8, 2010 07:11 PM (GMT)
I hereby announce the following budget, in order to reinflate the economy and get the country moving again:

QUOTE
Income

Current Economy: 21404 units

Basic Tax Rate: 25%

Income from Taxation: 5351

Interest Payments (5%): +203

Total Income: 5554 units


Long Term Spending

Education (100% - 1430 units) - 130% - 1859 units

Police, Emergency Services & Justice (100% - 800 units) - 100% - 800 units

Health (100% - 1000 units) - 100% - 1000 units

Transport (100% - 900 units) - 90% - 830 units

Industry & Business (100% - 500 units) - 100% - 500 units

Environment (100% - 600 units) - 80% - 480 units

Welfare (100% - 600 units) - 90% - 540 units

Defence & Security (100% - 350 units) - 90% - 315 units

Culture - (100% - 100 units) - 100% - 100 units

Administration - (100% - 300 units) - 80% - 240 units

Total Long-Term Spending: 6664 units


Short-Term Spending

N/A

Total Short-Term Spending: 0 units


Budget Balance

Total Income: 5554 units

Total Spending: 6664 units

Balance: -1110 units

DynamoJax - March 16, 2010 03:39 AM (GMT)
As the new Prime Minister, I hereby instate my budget, effective immediately:

Income

Current Economy: 21404 units

Basic Tax Rate: 32%

Income from Taxation: 6849

Interest Payments (5%): +203

Total Income: 7052 units



Previous Reserves

Total Cash in Reserves: 4296 units

Total Cash taken from Reserves: 0 units

Reserves Remaining: 4296 units



Long Term Spending

Education (100% - 1560 units) - 100%, 1560 units

Police, Emergency Services & Justice (100% - 800 units) - 110%, 880 units

Health (100% - 1000 units) - 120%, 1200 units

Transport (100% - 600 units) - 100%, 600 units

Industry & Business (100% - 500 units) - 140%, 700 units

Environment (100% - 600 units) - 110%, 660 units

Welfare (100% - 600 units) - 100%, 600 units

Defence & Security (100% - 350 units) - 100%, 350 units

Culture (100% - 100 units) - 100%, 100 units

Administration (100% - 300 units) - 100%, 300 units

Total Long-Term Spending: 6950 units


Short-Term Spending

Mapanganibayan Recovery - (100% - 100 units) - 100%, 100 units

Total Short-Term Spending: 100 units


Budget Balance

Total Income: 7052 units

Total Spending: 7050 units

Balance: +2 units (Reserves will increase to 4298 at end of term)

EDIT (First Budget Correction): After some considerations, a Budget correction was issued. The Culture budget was reduced to normal levels, while the Police, Emergency Services and Justice budget was increased to a 110% level. The Environment Budget was also increased to 110%. As a result, the net balance is now just +2 units.

Pokemaniac John - March 16, 2010 11:56 AM (GMT)
Where have you got that 560 units on education from?

DynamoJax - March 16, 2010 11:09 PM (GMT)
originally, Education was at a 1300 unit allocation per 100 percent. (IIRC) I managed to get a bill passed that increased the amount spent by 260 (the education grant) to get to 1560.



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