Calibrated to the Governor’s estimate of $132.5 billion in "all funds" spending under the enacted budget for the 2011-12 fiscal year, the Empire Center's "Spend-O-Meter" spins at the following rates:
$4,201 per second
$252,093 per minute
$15,125,570 per hour
$363,013,699 per day
$2,548,076,923 per week
$11,041,666,666 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 of the Empire Center.
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, 2011-March 31, 2012). The Spend-O-Meter calculates the amount spent since 12:00am on April 1, 2011.
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.
