Ballin Budget!! Congratulations you just got $500 and a place to stay and have fun for the next week, what would you spend your money on? Remember you only have $500 no more and no less. Tell me the amounts you will spend

Deciding the Day Look at some special purpose projects that are created to meet needs We will breakdown the budget of different government agencies Last look at John Jefferies

Special Purpose Gov. Special purpose districts are created to serve a specific function in an area Special purpose administrations are paid for by loans not taxes like certain city/county governments Usually led by a board of nonelected officials Some include the airport, MARTA, and RCPS

How they get the money? Sales Tax: Tax paid on things that people buy (such as at stores) Federal Grants: The US gives money to help fund things like schools and road building Personal Income Tax: The city, state, and federal government taxes earnings (paycheck) Property Taxes: Homes are taxed based on value

How do they spend it? The revenue is then distributed to state and local programs like schools and police Since we don’t have infinite money we have to figure out how to allocate our resources There is a 6% sales tax in Conyers 4% of that 6% goes directly to the state to help pay for services

GGA gets it together The Georgia Constitution tells us that we have to work under a balanced budget The Legislature has to approve how money is spent (appropriations) The budget process starts in the spring The governor puts it all together to give to the GGA in Jan. for session

Dodging the Debt The state does not want to go into debt over how money is spent Sometimes governments have to make cutbacks like furlough days and eliminating positions The final budget proposal has to show three things How much revenue is available? How much will be spent? Where it will be spent?

Juvenile Justice Look at the description on the board if you are still lost about what is due TOMORROW. We will see what we can of the rest of this video on Jonathan and Tina and why we should avoid this process at all costs