NE4: March-June Northeast Budget FY2014 (Law)

[Deus Naturae]

Ftr:
Total expenditures - $231.428 billion
Total revenues - $251.425 billion

Am I correct in thinking that the recently passed budget procedure amendment only takes effect after this budget?

[SWE]

Aye

[Deus Naturae]

I urge my fellow Representatives not to vote Aye just yet...we don't know what our obligations are regarding the Disaster Relief Fund, and thus we don't know how much is currently in the surplus.

[#CriminalizeSobriety]

I'd argue the point that despite no specific mention, the Another Budget Amendment doesn't apply, since I've yet to sign it.

[Deus Naturae]

I'd argue the point that despite no specific mention, the Another Budget Amendment doesn't apply, since I've yet to sign it.

That makes sense. In that case, the final figures for the budget look like this:
Total expenditures - $231.428 billion
Total revenues - $251.425 billion
Total surplus (after 20% allocation to Disaster Relief Fund) - $15.997 billion
Disaster Relief Fund (I used Cinci's estimate of $13 billion) - $16.999 billion

These figures can just be incorporated into the budget, right?

[#CriminalizeSobriety]

I'd argue the point that despite no specific mention, the Another Budget Amendment doesn't apply, since I've yet to sign it.

That makes sense. In that case, the final figures for the budget look like this:
Total expenditures - $231.428 billion
Total revenues - $251.425 billion
Total surplus (after 20% allocation to Disaster Relief Fund) - $15.997 billion
Disaster Relief Fund (I used Cinci's estimate of $13 billion) - $16.999 billion

These figures can just be incorporated into the budget, right?

Sirnick's numbers weren't definitive, so I don't see why not. However, since we're abolishing an income bracket I don't know that the surplus would be that high.

[Deus Naturae]

I'd argue the point that despite no specific mention, the Another Budget Amendment doesn't apply, since I've yet to sign it.

That makes sense. In that case, the final figures for the budget look like this:
Total expenditures - $231.428 billion
Total revenues - $251.425 billion
Total surplus (after 20% allocation to Disaster Relief Fund) - $15.997 billion
Disaster Relief Fund (I used Cinci's estimate of $13 billion) - $16.999 billion

These figures can just be incorporated into the budget, right?

Sirnick's numbers weren't definitive, so I don't see why not. However, since we're abolishing an income bracket I don't know that the surplus would be that high.

Here are my calculations:
Initial expenditures (from the budget Adam Griffin provided)=$236.428 billion
236.428-5(from energy spending cuts)=231.428
Total expenditures=$231.428 billion

Initial revenues=$253.736 billion
253.736-2.112(income tax bracket elimination)=251.624
251.624-0.199(tanning tax elimination)=251.425
Total revenues=$251.425 billion

251.425(total revenues)-231.428(total expenditures)=21.997
21.997/5(Disaster Relief Fund)=4.3994
21.997-4.3994=17.597
Total surplus=$17.597 billion (looks like I was initially wrong, good thing you pointed that out)

So, the correct figures are:
Total expenditures - $231.428 billion
Total revenues - 251.425 billion
Total surplus - $17.797
Disaster Relief Fund - $17.399

Not that that's cleared up, Aye on cloture.

[Cincinnatus]

The disaster relief estimate I did was a rough estimate.  Lacking the ability to account for every dollar here, I think it would be best if we agree to set the estimate into stone.  I suppose I can do that

Also, that estimate is a stock, not a flow of income, so you might find it prudent to divert some funds into more prosperous policy goals.

[sentinel]

Aye on cloture

[cinyc]

With 3 votes in the affirmative, cloture is attained.  It is now time to vote on final passage of the budget, as amended:

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This vote shall remain open for the earlier of 48 hours or when all Representatives have voted.

[SWE]

Aye

[cinyc]

Aye

[sentinel]

Aye

[Napoleon]

AYE

[Deus Naturae]

Aye

[cinyc]

By a 5-0 vote, the budget passes and goes to the governor's desk for his signature or veto.

[cinyc]

Governor Dallasfan65 has signed the budget into law.