Wednesday, January 5, 2011

Arizona state government showing you the money

Sonoran Alliance: Arizona Politics for Conservatives » Arizona state government showing you the money

If you’re wondering how the state of Arizona is spending your money, you can now go online and find out. Thanks to a new law that required the state to build a transparency website, openbooks.az.gov came online last week, and offers a treasure trove of information.

A quick search of the website shows that the state spent a total of $33.6 billion in fiscal year 2010. Over half of that, $17.7 billion, was categorized as welfare payments. The state paid $972 million in interest charges on state debt. In the first three months of this fiscal year, the state has spent $90 million on interest. You can also find out just how busy the Treasurer’s office was during 2010 turning over those daily warrant notes. They made transactions that totaled in the neighborhood of $94 billion to keep the state financially afloat.

No comments:

Post a Comment