Here is the summary conclusion of the 2007 Review of State Spending published by the Joint Legislative Audit and Review Commission:
Virginia’s operating budget doubled between fiscal years (FYs) 1998 and 2007, a result of increasing prosperity, population growth, and policy decisions. Adjusting for the effects of inflation and population growth, the budget increased by 38 percent, an average annual increase of 3.7 percent.
How could this be? I thought Virginia had been chronically under-funded its obligations thanks to the obstructions of the anti-tax Neanderthals!
Read the details and weep.
(Hat tip: Steve Horton)
