Monday, July 09, 2012

Spending philosphy and fiscal conservatism



In these days of economic and business downturns, the idea of thrift often seems overlooked or forgotten in some government operations at all levels, including at the local level. Fiscal responsibility in government is thought by many to be an oxymoron, but in this new age of, hopefully a renewal of proper principles perhaps a new awareness of of return to a modicum of adherence to the age old principle of “Use it up, wear it out, make it do or do without.

In an ongoing analysis, in particular, of school budgets over recent years, it has become evident that the idea is more of 'how much are we getting, and how can we spend it.” A report from board meeting not to long ago, brought this exchange:
“We are happy to report that (this project) has come in under budget.”
“Oh good, we have more projects we need to do.”

Even with shovel-ready, cheap interest and low bids from needy businesses, hopefully, we can return to the once respected principles and understanding of between differences needs vs. wants, and plain old fashioned thrift.

The embodiment of fiscal responsibility should be inherent in our decision making processes, it should be basic to our very purpose and included in our values statements. Unfortunately, it too often seems absent.

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