State agencies give back about $75 million

State bean counters report that state agencies gave back about $75 million that they didn’t spend in the most recently completed fiscal year.  That’s up from last year, but it’s about a third of what they gave back two years ago.

Each year the governor and lawmakers count on state agencies having money left over at the end of the fiscal year.  When agencies don’t spend the money, it goes back to the treasury and can be appropriated for things like schools, health care, parks and prisons the next year. When times are good, lawmakers can also try to set it aside to cut taxes.

Sometimes the “lapses,” amount to a lot of money.  Two years ago, Gov. Sonny Perdue saw tough times coming and started cutting back before the  recession hit.  So at the end of fiscal 2008, the agencies returned $203 million in unspent money.

Last year, Perdue withheld payments to agencies to make sure the state didn’t run out of money. Agencies gave back only $57 million.

By the end of fiscal 2010 on June 30, state agencies had been through more than two years of budget cuts. The governor and lawmakers had trimmed about $3 billion in spending over that time. Still, agencies  had $75 million left over.

The agency with the biggest budget, the Department of Education, lapsed $12 million in fiscal 2009 and $9 million last year. More than half of the lapsed money – $42.7 million – came from the agency that runs the Medicaid health care program.

Any lapses are good news for Gov.-elect Nathan Deal and lawmakers, who are facing a budget shortfall with estimates ranging from $1.2 billion to $2 billion with little money in the bank.

8 comments Add your comment

Devoted State Employee

December 30th, 2010
5:07 pm

Great! Please give me a 1 percent raise

Devoted State Employee of 30 years

December 30th, 2010
5:10 pm

Great! Please give me a two percent raise.

Devoted State Employee in the poor house

December 30th, 2010
5:11 pm

Great! Just give me a raise.

Devoted State Employee that works long hours

December 30th, 2010
7:51 pm

Great! I want a raise too. After 2 years and 6 furlough days, I would like extra money to eat at Burger King again!

Sam the Sham

December 31st, 2010
7:59 am

State employee…you could go to work for the Clayton County BOE and, even though you put our chidrens futures at risk by almost losing accreditation, you will get a BONUS out of that Obama stimulus. There’s always a silver lining depending on how misguided your boss is.

Base

December 31st, 2010
10:55 am

Political spin! Lets spend it on Oaky Woods! Let the taxpayers eat cake!

Avahzd

December 31st, 2010
11:17 pm

MMMMM CAKE!!!!

Us vs Us

January 2nd, 2011
2:27 pm

Now let’s take back the remaining funds earmarked for Purdue’s go-fish and horse around projects.