[Carry_Okie]

Yep. I added up the maintenance factor, the borrowed Prop 42 funds, etc. I pulled them from old articles. If I assume that he will continue to steal Prop 42 funds next year (as the language specifically allows), the number exceeded $10 billion. I didn't keep any of the specific numbers handy.

I had guessed as much. Allow me this suggestion: When you toss a number out there like that, one that isn't published anywhere, you may know what you are doing, but nobody (except for those who know you well) will get it, and even then we'd like a better feel for how that number was calculated so that we can defend it.

So, how much of this is old borrowing versus new? Is there some way I can tease you into patching those numbers together into a vanity post?

[NormsRevenge]

..nobody (except for those who know you well) will get it..

I wouldn't tease ccg too much, she might wonk ya with a Tecate bottle, empty , of course. lol

[calcowgirl]

>>Allow me this suggestion: When you toss a number out there like that, one that isn't published anywhere, you may know what you are doing, but nobody (except for those who know you well) will get it, and even then we'd like a better feel for how that number was calculated so that we can defend it.

I actually did in early posts on the subject. But that was back in Jan/Feb (and I can't find the posts). I thought I might have kept the backup, but I also dumped my hard drive recently, so I'm suffering here.

>>So, how much of this is old borrowing versus new?

It depends on how you define "borrowing". Since these are all promises made between government funds or cities/counties, it is difficult to determine if any amount may have actually created a debt (as might be defined by GAAP or the like).

>>Is there some way I can tease you into patching those numbers together into a vanity post?

I might try to patch them together, but I'm not up for a vanity post. After further reflection, I think I pulled most of the dollar values from LAO publications. I found quite a few of the pieces in the LAO report for Prop 76:

http://www.lao.ca.gov/ballot/2005/76_11_2005.htm

• Prop 42: $0.868 billion 2003-04 (originally to be repaid 2007-08)
• Prop 42: $1.2 billion 2004-05 (originally to be repaid 2008-09)
• Prop 42: $1.3 billion 2005-06 (I believe this was subsequently restored after the May revise--I need to double check.)
• Prop 42: $tbd billion 2006-07

• Prop 98: $3.8 billion (cumulative Maintenance Factor)

• Other funds: $1.0 billion (at end of 2005-06)

I think there are a couple more pieces here, like mandate claims and possibly K-14 items.