That's Send not sen
Jon Albrecht Dixfield
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Oct 29, 2009 12:24 am
Maine voters have already spoken loud and clear on TABOR, two times, and it was defeated two times. Why don't its proponents get the message?
Passage of TABOR II would prevent the state from building a "rainy day fund." Over the four fiscal years since LD 1 was enacted, the state has consistently spent less in General Fund revenues than the state's spending limit would allow. The "LD 1 Progress Report 2008," authored by the State Planning Office, states that the spending allowance reserve built up by the state during the first four-year period was valued at $221 million.
The reserve, also called the "rainy day fund," was tapped this year due to reduced revenues collected in this deep recession. Because TABOR II rewrites the rules the state has been working under and recalibrates the state's spending allowance system, the reserve spending authority disappears. That would mean no "rainy day fund" to use in emergencies.
Furthermore, Maine's towns currently are allowed to carry over any remaining funds from their previous year's budget into a new budget. Under TABOR II, those funds would not be allowed to be carried into the new year, negating any town's ability to build up a reserve fund.
Can you imagine not being able to set aside monies into a fund dedicated to buying, at some point in the future, a firetruck costing hundreds of thousands of dollars?
I hope the public will join me in voting "no" on Question 4.
Rep. Paul Gilbert, Jay
Comments
That's Send not sen Jon
Submitted by jalbrecht1 on Thu, 10/29/2009 - 08:29.
TABOR II, is bad maagement,
Submitted by jalbrecht1 on Thu, 10/29/2009 - 08:28.
TABOR II, is bad maagement, bad budgeting, and makes no sense. Mr. Gilbert has hit the nail aquarely on the head. Sen the MHPC back to its billionaire supporters in Washington. Let's defeat TABOR again.
on Albrecht Dixfield
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Mr. Gilbert - loud and clear
Mr. Gilbert - loud and clear is debatable, considering how lcose each of the votes was. And I beleive it was Baldy himself who said "we get the message". And yet the dems in Augusta continue to feed at the trough and not make any attempt to reduce taxes. They cut $800 Million out this year only after learning they had no choice due to a lack of revenues coming in.
Vite yes on Tabor if you really want a message heard! We need a fresh start in Maine and promises have gone unclaimed for years!