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Edmund J. McMahon, director of the Empire Center for New York State Policy at the Manhattan Institute, a conservative-leaning research group, praised Mr. Paterson for reining in agency spending but noted that much of the state's budget consisted of money that was funneled to local governments, like school aid.
Ten per cent of the £60,000 budget consisted of commercial enterprise payments, while the rest was made up of ratepayer fees.
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More than 70percentt of the budget consists of mandated expenses, he added.
About 70percentt of the county budget consists of mandated expenses, so cuts must come from the other 30percentt.
The U.K. budget consists of a number of different documents, with only limited attempts being made to relate one to another.
Most of the budget consists of things that cannot be cut, at least not quickly, such as payroll, health-care and education spending.
Despite the fact that 75percentt of Nassau County's budget consists of spiraling mandated costs, the county has successfully cut discretionary spending to levels that have enabled us to consistently cut or freeze the county's portion of property taxes.
Since much of the remainder of the budget consists of essential services like police, prisons, school aid and pension contributions, Mr. Christie would probably have to consider a combination of drastic cuts in programs and major layoffs to close a $10 billion gap, analysts say.
Q: What does the science budget consist of?
Stormont's annual budget consists of about £10bn in departmental spending and £1bn in infrastructure spending.
Nicholson says this was in keeping with their policy to only fund athletes on their podium programme, which due to a reduced Olympic budget, consists of five athletes.
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