The full House Ways and Means Committee will be meeting this week as we prepare for “Budget Week” (March 14-18) on the floor of the SC House.
For you number crunchers out there, or for those wanting to learn more about the state budget, here’s a great link you can visit.
To see where the state spends our dollars (state general funds and also state/federal/other funds) see the numbers below. This may give you perspective of why current cuts are being considered in the places they are.
Total State Budget – FY 2010-11
GENERAL FUND APPROPRIATIONS
K-12 Education…………………………….1,831,503,698….36.0%
Higher Education……………………………..568,870,814….11.2%
Correctional & Public Safety………………..468,501,754…..9.2%
Health & Social……………………………..1,206,725,193….23.8%
All Other……………………………………..1,004,772,436….19.8%
Total General Fund………………………….5,080,373,895…100.0%
ALL FUNDING SOURCES
K-12 Education……………………………..3,098,024,116…..14.7%
Higher Education……………………………4,051,324,682…..19.2%
Correctional & Public Safety…………………702,661,076…….3.3%
Health & Social………………………………9,195,283,935…..43.6%
Transportation………………………………1,459,679,822…….6.9%
All Other……………………………………..2,606,966,701……12.3%
Total All Funds……………………………..21,113,940,332….100.0%