As has been the case for the last few years, our state is facing another budget deficit for Fiscal Year 2013.  While things could certainly be worse, and in many states it is, the budget gaps we continue to face are not getting any better (FY 2013 expected gap = $74.5 million).  We have all heard that revenues have been steady, and some even steadily increasing, but what hasn't been revealed is that the expense side of the balance sheet is problematic, to say the least.

From an additional $16 million needed for Medicaid and a loss of $7 million in one-time funds, to a new autism mandate that is expected to cost $10 million in FY 2013, and a $19.2 million increase in salaries, benefits, and pensions for state employees, the pressure on expenses continue to increase.

In addition to preparing for the eventual recovery and growing our economic base, we must address State spending in a comprehensive way.  Despite the claims of spending cuts over the past few years, in fact, our state spending has increased by $240 million, or 8.4%.  Meanwhile, Vermonters have seen their incomes decline over this same period. 

While Vermont families and businesses have adjusted, or are trying to adjust, to the world in which we now live, Montpelier has not.  Vermonters have begun spending less, saving more, and being accountable for every expense made.  Yet, our state government continues to spend more and save less, and nobody can tell how and how well that money is spent.

It is time to do just that - to ensure Vermonters know just what their money is being spent on, what the goals of each department, program and service are, and how well those goals are being met.