Record $553 million budget surplus means 2 percent raise for state workers

[Cigar]

Almost a year after revising Virginia’s budget forecast downward to project a $2.4 billion shortfall, Gov. Terry McAuliffe today will announce a record revenue surplus for the fiscal year that ended June 30, according to sources in the administration and General Assembly.

The $553 million surplus is the largest on record, surpassing a surplus of almost $545 million 10 years ago, sources said. However, 96 percent of the surplus — about $533 million — will be deposited in the revenue stabilization, or “rainy day,” fund, as well as the Virginia Water Quality Fund, as required by the state law.

The surplus also means that state employees — including higher education faculty, judges, and state-supported local constitutional officers — will receive a 2 percent raise in their paychecks on Sept. 1. The state also will provide its share of a 1.5 percent raise for teachers.

McAuliffe will announce the surplus at a news conference today with General Assembly budget officials, with whom he has worked closely since revenues dropped off sharply in May 2014. The state faced a $439 million shortfall in that fiscal year, triggering a revenue re-forecast that lowered expectations for income tax collections.

Record $553 million budget surplus means 2 percent raise for state workers (http://www.newsadvance.com/news/state/general_assembly/record-million-budget-surplus-means-percent-raise-for-state-workers/article_cdb546f2-2965-11e5-9e9d-8bc499cb6176.html)


Hey GOP and Conservative Republican Voters ... are you paying attention to how it's really done? :laugh:

[Chris]

Why not give it back to the people. Isn't that what you populists want?

[Cigar]

Why not give it back to the people. Isn't that what you populists want?


The surplus also means that state employees — including higher education faculty, judges, and state-supported local constitutional officers — will receive a 2 percent raise in their paychecks on Sept. 1. The state also will provide its share of a 1.5 percent raise for teachers.

[Chris]

Why should government get to pick winners and losers? Especially when it's picking government employees? Give it back to everyone, they earned it, and can likely make more, rather than just consume it.

[Peter1469]

How do pay raises come from a rainy day fund?

That fund should be held for the next currency collapse or natural disaster.

[The Sage of Main Street]

Almost a year after revising Virginia’s budget forecast downward to project a $2.4 billion shortfall, Gov. Terry McAuliffe today will announce a record revenue surplus for the fiscal year that ended June 30, according to sources in the administration and General Assembly.

The $553 million surplus is the largest on record, surpassing a surplus of almost $545 million 10 years ago, sources said. However, 96 percent of the surplus — about $533 million — will be deposited in the revenue stabilization, or “rainy day,” fund, as well as the Virginia Water Quality Fund, as required by the state law.

The surplus also means that state employees — including higher education faculty, judges, and state-supported local constitutional officers — will receive a 2 percent raise in their paychecks on Sept. 1. The state also will provide its share of a 1.5 percent raise for teachers.

McAuliffe will announce the surplus at a news conference today with General Assembly budget officials, with whom he has worked closely since revenues dropped off sharply in May 2014. The state faced a $439 million shortfall in that fiscal year, triggering a revenue re-forecast that lowered expectations for income tax collections.

Record $553 million budget surplus means 2 percent raise for state workers (http://www.newsadvance.com/news/state/general_assembly/record-million-budget-surplus-means-percent-raise-for-state-workers/article_cdb546f2-2965-11e5-9e9d-8bc499cb6176.html)


Hey GOP and Conservative Republican Voters ... are you paying attention to how it's really done? :laugh: After reading his book, What a Party!, I wonder why he's not mentioned as a threat to Over the Hillary's coronation.

[Chris]

How do pay raises come from a rainy day fund?

That fund should be held for the next currency collapse or natural disaster.

So the OP is a false flag.

[Cigar]

How do pay raises come from a rainy day fund?

That fund should be held for the next currency collapse or natural disaster.

Apparently you didn't comprehend the division of the surplus funds :laugh:

[Cigar]

Why not give it back to the people. Isn't that what you populists want?

I'll take it, if you're Stupid enough to think that.

[Peter1469]

Apparently you didn't comprehend the division of the surplus funds :laugh:

The article could have been written better. But I see what they did now.

[Chris]

I'll take it, if you're Stupid enough to think that.

I don't think you're stupid enough to think you're all the people.

[Bob]

Cigar did not explain the reason for the added source of the money?

Who did he (governor) take it from

[domer76]

Why not give it back to the people. Isn't that what you populists want?

State workers are excluded from being "the people"?

[Chris]

State workers are excluded from being "the people"?

No, just not all the people. General welfare, you know.

[Cigar]

No, just not all the people. General welfare, you know.

Like White People :grin:

[Chris]

Like White People :grin:

All people. I like to stereotype.

[Bo-4]

Oh man, if only Virginia could go back to the corruption, buffoonery and trickle-down nonsense of this dude!

http://www.gannett-cdn.com/-mm-/34f3c12e46e775b6bc7e523d797ba40d553715a7/r=540&c=540x304/http/videos.usatoday.net/Brightcove2/29906170001/2015/01/29906170001_3974344391001_usat0bbdcfbf-a961-4bbc-910d-5a968c4e6b16-vs.jpg

[domer76]

No, just not all the people. General welfare, you know.

Yeah, fuck 'em. State employees don't deserve raises anyway

[Cthulhu]

Yeah, $#@! 'em. State employees don't deserve raises anyway
They could always do something productive in the private sector.

Sent from my evil, digital homunculus.

[donttread]

Almost a year after revising Virginia’s budget forecast downward to project a $2.4 billion shortfall, Gov. Terry McAuliffe today will announce a record revenue surplus for the fiscal year that ended June 30, according to sources in the administration and General Assembly.

The $553 million surplus is the largest on record, surpassing a surplus of almost $545 million 10 years ago, sources said. However, 96 percent of the surplus — about $533 million — will be deposited in the revenue stabilization, or “rainy day,” fund, as well as the Virginia Water Quality Fund, as required by the state law.

The surplus also means that state employees — including higher education faculty, judges, and state-supported local constitutional officers — will receive a 2 percent raise in their paychecks on Sept. 1. The state also will provide its share of a 1.5 percent raise for teachers.

McAuliffe will announce the surplus at a news conference today with General Assembly budget officials, with whom he has worked closely since revenues dropped off sharply in May 2014. The state faced a $439 million shortfall in that fiscal year, triggering a revenue re-forecast that lowered expectations for income tax collections.

Record $553 million budget surplus means 2 percent raise for state workers (http://www.newsadvance.com/news/state/general_assembly/record-million-budget-surplus-means-percent-raise-for-state-workers/article_cdb546f2-2965-11e5-9e9d-8bc499cb6176.html)


Hey GOP and Conservative Republican Voters ... are you paying attention to how it's really done? :laugh:

Why not pay down debt?

[Ethereal]

Oh joy! Government workers are getting a raise. Meanwhile, workers in the private sector - you know, the people who pay government salaries and benefits - are dealing with stagnate incomes. Hooray!

:rollseyes:

[Safety]

Oh joy! Government workers are getting a raise. Meanwhile, workers in the private sector - you know, the people who pay government salaries and benefits - are dealing with stagnate incomes. Hooray!

:rollseyes:

Yea, I remember back in college when someone talked about getting a job in the government, they were ridiculed because they would be making 1/4 the money you made in the private sector with the same certifications and licenses. Fast forward 10 years and here we are.....

[Ethereal]

Yea, I remember back in college when someone talked about getting a job in the government, they were ridiculed because they would be making 1/4 the money you made in the private sector with the same certifications and licenses. Fast forward 10 years and here we are.....

1/4 salary, but the total value of their compensation (healthcare, pensions, benefits, etc.) is likely on par with their private sector equivalents.

[zelmo1234]

Yea, I remember back in college when someone talked about getting a job in the government, they were ridiculed because they would be making 1/4 the money you made in the private sector with the same certifications and licenses. Fast forward 10 years and here we are.....

We (the government workers) are making more that the average private sector worker.

In VA 27% of the populations works for the government.

http://www.gallup.com/poll/141785/gov-employment-ranges-ohio.aspx

The Gov raised taxes on all of the people, and it distributing it to the people that have their hand in the cookie jar.

Even with the expansion of Government in the DC area over the past 7 years VA still has an unemployment rate that is .4% higher that WI

https://www.google.com/search?sourceid=navclient&aq=&oq=va+unemployment+&ie=UTF-8&rlz=1T4WQIB_enUS578US579&q=va+unemployment+rate&gs_l=hp..0.0l5.0.0.1.6400...........0.ooMBLOP_xXU

So what happens to the budget in VA if a republican wins the WH and they start reducing the size of government. Unemployment will likely skyrocket in places that have such a high population dependent on the government dole.

In WI they achieved better results and they gave they let all of the people that work or own property keep more of their own money. And while this makes hard choices that name of the game in Madison, the people are not watching their hard earned dollars be distributed to the government workers.

[Safety]

1/4 salary, but the total value of their compensation (healthcare, pensions, benefits, etc.) is likely on par with their private sector equivalents.

The private sector was touted as having the best package deal in town in regards with healthcare, retirement, benefits (stock options), etc., and 3/4 of the salary. I've experienced it, Eth.

[zelmo1234]

1/4 salary, but the total value of their compensation (healthcare, pensions, benefits, etc.) is likely on par with their private sector equivalents.

But it is not the case anymore.

Not only do Public Sector workers have the benefits, they have the Salary to match

http://articles.sun-sentinel.com/2011-10-05/news/fl-jscol-pensions-salaries-public-smith-1005-20111005_1_private-sector-government-workers-salaries

This is why even FDR was against public sector unions. The DNC knows where the union dues are coming, right into their bank accounts. When In power they expand the size and salaries of Government workers. Union dues are raised and more money comes to the DNC

it is a great gig if you can get it.

[Safety]

We (the government workers) are making more that the average private sector worker.

In VA 27% of the populations works for the government.

http://www.gallup.com/poll/141785/gov-employment-ranges-ohio.aspx

The Gov raised taxes on all of the people, and it distributing it to the people that have their hand in the cookie jar.

Even with the expansion of Government in the DC area over the past 7 years VA still has an unemployment rate that is .4% higher that WI

https://www.google.com/search?sourceid=navclient&aq=&oq=va+unemployment+&ie=UTF-8&rlz=1T4WQIB_enUS578US579&q=va+unemployment+rate&gs_l=hp..0.0l5.0.0.1.6400...........0.ooMBLOP_xXU

So what happens to the budget in VA if a republican wins the WH and they start reducing the size of government. Unemployment will likely skyrocket in places that have such a high population dependent on the government dole.

In WI they achieved better results and they gave they let all of the people that work or own property keep more of their own money. And while this makes hard choices that name of the game in Madison, the people are not watching their hard earned dollars be distributed to the government workers.

That's due to the job market being stagnant for the past 7 - 8 years. There really is no discussion about the stigma of getting a job with the government when you're right out of college, when the private sector was paying almost 3 times the salary. Safety engineer with .gov is a GS12 salary, that's around 47-63 depending on locality. The private industry safety engineer's salary is hovering around $130k with a CSP.

[zelmo1234]

That's due to the job market being stagnant for the past 7 - 8 years. There really is no discussion about the stigma of getting a job with the government when you're right out of college, when the private sector was paying almost 3 times the salary. Safety engineer with .gov is a GS12 salary, that's around 47-63 depending on locality. The private industry safety engineer's salary is hovering around $130k with a CSP.

Being the CEO of a major corporation pays hundreds of millions of dollars, but the fact is, the public sector jobs pay better than the average private sector jobs and they have higher benefits

The Gov of VA chose to take more of the peoples money and give it to the people that already make more, on average and have better benefits.

The Gov of WI chose to take less money from all of the people and reduce the size of government. and he still has a higher percentage of people working in his state.

I prefer the model where the people, all people including the government workers get to keep more of the money they earn, instead of wealth distribution to the people that I can likely buy votes with.

[Safety]

Being the CEO of a major corporation pays hundreds of millions of dollars, but the fact is, the public sector jobs pay better than the average private sector jobs and they have higher benefits

The Gov of VA chose to take more of the peoples money and give it to the people that already make more, on average and have better benefits.

The Gov of WI chose to take less money from all of the people and reduce the size of government. and he still has a higher percentage of people working in his state.

I prefer the model where the people, all people including the government workers get to keep more of the money they earn, instead of wealth distribution to the people that I can likely buy votes with.

Tangent. Will not follow.

[zelmo1234]

Tangent. Will not follow.

Yes here is my Tangent

Public sector workers on average make more than private sector workers Which is true.

In WI the reduced taxes and VA they raised Taxes Which is also True.

In WI because they reduced the size and scope of the Government and balanced budgets with less, everyone benefited. Which is true.

In VA because they raised the taxations percentage and then took the surplus and gave it to the 27% that work for the government, the took from 73% and gave it to 27% that is wealth distribution.

So I think that you don't want to follow that because it is true.

[Peter1469]

Public sector workers in highly technical, professional, and upper management do not make more than their private counter parts. Middle level and lower level do.

[Safety]

Yes here is my Tangent

Public sector workers on average make more than private sector workers Which is true.

In WI the reduced taxes and VA they raised Taxes Which is also True.

In WI because they reduced the size and scope of the Government and balanced budgets with less, everyone benefited. Which is true.

In VA because they raised the taxations percentage and then took the surplus and gave it to the 27% that work for the government, the took from 73% and gave it to 27% that is wealth distribution.

So I think that you don't want to follow that because it is true.

Ethereal: .gov employees are getting a raise while private sector is stagnant
Safety: I remember a time when it was a stigma to get a government job because the salaries were 1/4 what the private sector paid
Zelmo1234:.gov is making the same as private sector is making
Safety: *show example* that private still pays 3/4 more than .gov salary

Beginning of tangent....
Zelmo1234: but, CEO....partisan politics in VA....more partisan politics in WI....some bit about personal opinion.

So, no, it's not about what you "perceive" to be truth, it is a direction away from what is being discussed.

[zelmo1234]

Ethereal: .gov employees are getting a raise while private sector is stagnant
Safety: I remember a time when it was a stigma to get a government job because the salaries were 1/4 what the private sector paid
Zelmo1234:.gov is making the same as private sector is making
Safety: *show example* that private still pays 3/4 more than .gov salary

Beginning of tangent....
Zelmo1234: but, CEO....partisan politics in VA....more partisan politics in WI....some bit about personal opinion.

So, no, it's not about what you "perceive" to be truth, it is a direction away from what is being discussed.

Of course numbers back up my perception but that is another story.

But what is being done with the surplus is part of what this thread is about. It was also stated that this is how you do it. Raising taxes and distributing those funds to others is what is being done.

I don't see how that is not part of what is being discussed?

[domer76]

Public sector workers in highly technical, professional, and upper management do not make more than their private counter parts. Middle level and lower level do.

That is exactly correct.

[texan]

Who cares what they do?