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CJA454

Our nation is undergoing an economic hardship. Our American society has been in the midst of a recession for the past several years. When a nation is undergoing a recession it is felt in many different ways in many different places. Very few are immune to these types of circumstances. As our nation undergoes trying to restore it back to its prior financial prowess the citizens are not the only individuals who are suffering from the consequences. Law enforcement and government agencies alike are also feeling the brunt of the recession as budget cuts and budget shortfalls and further budgetary concerns begin to become more of a problem and a concern.
Valerie Honeycutt Spears wrote an article in regard to the budget concerns in California. Three months into the New Year members of the house were already predicting that a budget shortfall of potentially $200 million was looming. This was based on general funding revenues not being at where they were expected and acknowledging that they had been on a decline for the past nine months. What this means for the state of California is that without the revenue they need and without the prospect of the revenue essentially being there the state is in line for disastrous times ahead.
General funds have dropped 9.8%. Because of this, further budget cuts are indeed in store. It was predicted that the drops would continue but at a slightly slower rate. At first it was thought that revenue would slip 1.5%. Instead in the first three months revenue has dropped an astounding 5.6%. To stay on pace for their predictions the revenue can only fall 0.2% for the rest of the year and this is ONLY to maintain their previous predictions regarding how far the budget this year will fall short.
The author of this article is stating the facts, which are indeed that the state of Kentucky is in financial

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