Calibrated to Governor Paterson's estimate of $121.7 billion in "all funds" spending under the enacted budget for the 2008-09 fiscal year, the Empire Center's "Spend-O-Meter" spins at the following rates:
$3,859 per second
$231,545 per minute
$13,892,694 per hour
$333,424,658 per day
$2,340,384,615 per week
$10,141,666,667 per month
"Under this year's budget, our state government will spend more every hour than 200 typical New York families earn in a year," said E.J. McMahon, director of the Empire Center. “The Spend-O-Meter is spinning at its fastest rate ever, even though economic growth is slowing.”
MethodologyThe Empire Center's Budget Spend-O-Meter project reflects the "all funds" financial plan disbursements of New York's state government for the current fiscal year (April 1, 2008-March 31, 2009), based on Governor Paterson's initial enacted budget estimate of $121.7 billion. The Spend-O-Meter calculates the amount spent since 12:00am on April 1, 2008.
The Spend-O-Meter calculates the amount based on the "clock time" of the viewer's computer. Viewers with incorrect time settings or malfunctioning computer clocks may see inaccurate numbers.
Copyright 2006
Total Consulting Strategies, Inc.
