Calibrated to the Division of the Budget's estimate of $136.5 billion in "all funds" spending under the enacted budget for the 2010-11 fiscal year, the Empire Center's "Spend-O-Meter" spins at the following rates:
$4,328 per second
$259,703 per minute
$15,582,192 per hour
$373,972,603 per day
$2,625,000,000 per week
$10,983,333,333 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 continues to spin at a faster rate every year, even though our economy is crashing.”
Methodology
The 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, 2010-March 31, 2011). The Spend-O-Meter calculates the amount spent since 12:00am on April 1, 2010.
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 Total Consulting Strategies, Inc.
