
According to Trigg every government agency that we as journalist are going to visit will have a budget. Here in Florida most likely those budget records will be open public records that we as reporters can look at it. Well managed budget will have equal revenue and expenses.
In addition to the revenue and expenses government budgets include facts and background information about the agency. Usually the government will meet in advance in order to plan the next year’s budget based on the information from the previous year’s budget cuts or increases. For some people budgets are complicated topic, but as we know asking questions doesn’t hurts as long as those questions come on time.
For people who have no idea what revenue and expenses mean Trigg explains it as money coming in need to equal money going out. The confusion for journalists continues when they keep hearing the government officials to refer to end cycling period of the budget as a fiscal year. If there is any extra money in the revenue they will be carried over for the next year.
Where revenue does comes from for the government budget? The answer is most of the money collected at the tax collector go towards the revenue of the budget. The list includes property and sales taxes, user fees, fines, occupational licenses, and state and federal grants. Don’t be surprised if you see major increases in water bills or property taxes especially at today’s recession! The revenue is short and the increases will fill up the empty spots in the revenue.
Money going out as I mention earlier are the expenses. They are separated to personal (salaries), capital (constructions), and operating (utilities, travel). Here is where journalist should take a deep look for any major expenses especially in the personal and capitol sector of the government budget.
In every budget there is miscellaneous money and usually they cause problem to most government agencies especially when journalists want to look at the data.
Again government budgets are complicated and we as journalist should simplify them as much as we can for our readers.