If you all remember Alex talking with Walter Burien about the double bookkeeping being conducted by every State, City, County, Dept., etc...
(CAFR vs Budget report/request)
I was thinking it would be good to organize links to all the states and major counties, etc.. So if you find your states please post here.
Well I looked into my state and city......guess what I found, I found my state is currently in the black for $10 billion.(5 bil in cash) Ive got no experience with accounting so maybe Im not reading the data correctly. If anyone has any insight Id appreciate it.
Whats funny is the state and local government are allowed to keep two sets of books, and the real numbers seem to indicate abundance, Yet we're constantly being told "WE NEED MORE MONEY!!"......
Ladies and gentleman of the forum I give you the .....
Comprehensive Annual Financial Report
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(the Seattle one is slow, I find opening them in a new tab works best on firefox)
This one is the Washington State report, pg 47-52pdf (39-44 on scan pg) seems to indicate a $10,000,000,000 surplus....over 5 bil in cash.
http://www.ofm.wa.gov/cafr/2006/CAFR06.pdfHeres the Seattle City CAFR....theres one for every municipality /govt.(check your local) pdf pg 54-65 Looks like Seattle is in the black for 1/4 bil 50 mil in cash..
http://www.cityofseattle.net/cafrs/2006/pdf/2006%20CAFR%20Complete.pdfHeres King County's..
http://www.metrokc.gov/finance/FM/CAFR/cafr2006/cafr2006.aspx------------------------------------------------
Next time a crooked politician asks for more taxes or fees for...whatever, maybe you ought to check their own books against what they say!
Its time to get informed and get mad about it.