Every tax is a pay cut. Every tax cut is a pay raise.
Citizens for Limited Taxation
|The Enterprise Fund|
|The Enterprise Fund was officially formed in the
1993-1994 time frame. I presume the purpose was to isolate
revenues from fees for water/sewage and the Loring Arena, from
general purpose tax revenue.
An examination of its revenues and balances shows that by 1998, its burgeoning surplus had to be redirected into even newer Capital Projects funds. This is an accounting trick to sort of hide growing surpluses by redirecting it to another fund and start all sorts of new spending projects.
The details page shows all the gruesome financial information that you'd want to know about the fund.
The table and graphs below gives you a visual perspective of the various enterprises.
|Enterprise Fund Expenses (1000s)|
|Send comments to: email@example.com|