Calibrated to an initial estimate** of $177 billion in all funds spending under the enacted New York State budget for the 2020-21 fiscal year, the Empire Center’s “Spend-O-Meter” spins at the following rates:
Spend-O-Meter
Viewing this on a mobile phone? The spend-o-meter is best viewed in landscape mode
$5,628 per second
$337,683 per minute
$20,260,989 per hour
$486,263,736 per day
$3,403,846,154 per week
$14,750,000,000 per month
Methodology
The Empire Center’s Budget Spend-O-Meter project reflects the projected “all funds” financial plan disbursements of New York’s state government for the current fiscal year (April 1, 2020 – March 31, 2021). The Spend-O-Meter calculates the amount spent since 12:00 am on April 1, 2021.
The Spend-O-Meter calculates the amount based on the “clock time” of the viewer’s computer. Viewers with incorrect time setting or malfunctioning computer clocks may see inaccurate numbers.
**Note: Following an exceptionally rushed and murky budget adoption process amid the coronavirus pandemic, the initial $177 billion spending estimate cited in a press release by Governor Cuomo is highly likely to change. It could be reduced by $10 billion if the federal government does not provide the state with $10 billion in bailout aid, according to the Governor.
Copyright 2006 Total Consulting Strategies, Inc.