Public funding

“ If, therefore, as an economic proposition, it were realized how vitally it concerns the state that not one child shall needlessly become blind, thereby increasing the public financial burden, there is no doubt that early and effective measures would be instituted to protect the state from this unnecessary and extravagant expenditure of public funds. ”

“ The website shall provide a means for the public to give feedback on the performance of contracts that expend covered funds. (7) The website shall include detailed information on Federal Government contracts and grants that expend covered funds, to include the data elements required to comply with the Federal Funding Accountability and Transparency Act of 2006 (Public Law 109-282) , allowing aggregate reporting on awards below $25,000 or to individuals, as prescribed by the Director of the Office of Management and Budget. ”

“ The principle of comprehensiveness requires that the budget cover all government agencies and
institutions undertaking government operations, so that the budget presents a consolidated and
complete view of these operations and is voted on, as a whole, by the body vested with national
legislative authority.
The principle of unity requires that all government resources be directed to a common pool to be
allocated and used for public expenditure according to the priorities of the government. ”

“ When it is completed, the foundation will be laid for a businesslike national budget, and for such a just comparison of the economy and efficiency with which the several bureaus and divisions are conducted as will enable the President and the heads of Departments to detect waste, eliminate duplication, encourage the intelligent and effective civil servants whose efforts too often go unnoticed, and secure the public service at the lowest possible cost. ”

“ All agree that it is a matter legitimately, if not exclusively, within the scope of separate State jurisdiction, and all are equally agreed that great and valuable improvements could be made within our State at a comparatively moderate expenditure of the public funds. ”

“ Investments in public infrastructure and in the capacity of our people—through food, education, health, jobs, and social protection—remain our top priority. For this year, economic and social services were allocated almost 70% of the national budget. ”

“ Why should a candidate for State, county or city treasurer go before the people and discuss the custody of public funds? It is a self-evident proposition that public funds should be accounted for honestly. ”

“ We believe that the expenditure of public funds cannot be wisely and economically controlled unless those who have the disposal of public money are made responsible for raising it as well as spending it. ”

“ I believe that the best results will be obtained if the city authorities first decide clearly the relations to be established between the city treasury and private charitable institutions, and then move toward that end by gradually conforming the appropriations in the budget to that idea, in such a manner that progress shall be made as rapidly as may be consistent with the desire to avoid crippling excellent charities which have been led to depend for many years upon public assistance. ”

“ Running through the different national systems there are some common elements the result not of inheritance merely but still more of necessity, or at the lowest of similarity in environment. Over and above the details of financial development there is a thread of connexion which requires treatment under Finance taken as a whole. As the great aim of this side of public activity is to secure funds for the maintenance of the state’s life and working, the administration which operates for this end is the true nucleus of all national finance. ”

“ Fund generally signifies the money or capital stock employed in carrying on trade or any other business operation. State funds are the moneys and other property of the state which are set apart for paying the expenses of the government, or for the construction of canals, roads, and other public improvements. ”

“ As social agencies multiplied, competition became so intense that protests from harassed contributors led to the idea of financial federation, viz. that all the agencies in a community which depended on voluntary contributions for their support should form an association, agree on a joint budget for the next year, throw into a common pool their contributors' lists and other information about sources of income, present their united needs to the public in a single campaign, and share in the results in proportion to their budgets. ”

“ It is particularly your province to consider the state of the public finances, and to adopt such measures respecting them as exigencies shall be found to require. The preservation of public credit, the regular extinguishment of the public debt, and a provision of funds to defray any extraordinary expenses will of course call for your serious attention. Although the imposition of new burthens can not be in itself agreeable, yet there is no ground to doubt that the American people will expect from you such measures as their actual engagements, their present security, and future interests demand. ”

“ In selecting your institution as one of the fiscal agents of the government, I not only rely on its solidity and established character, as affording a sufficient guarantee for the safety of the public money intrusted to its keeping, but I confide also in its disposition to adopt the most liberal course which circumstances will admit toward other moneyed institutions generally, and particularly those in your vicinity. ”

“ I shall soon submit to Congress the proposed national budget for fiscal year 1993.
Through the budget, we shall pump-prime the economy; stimulate growth by focusing public investments on programs with the highest productive and economic returns; and provide social services and productivity programs that will empower the majority among us who are now without the means to lead decent and useful lives, particularly the farming, fishing and labor sectors. ”

“ As a lesson in revenue and finance, each chief is now required to frame a simple form of budget for his state, subject to the approval of the Superintendent, fixing the amount to be devoted to the private expenditure of the ruling family, and making reasonable provision for the administration of civil and criminal justice, police, and public works. ”

“ The body having national legislative authority has the right to reallocate proposed
spending and to reduce the total amounts in the federal budget. It also has the right to
propose an increase in the overall amount of expenditures to the Council of Ministers
if necessary, and provide notice of this proposal to the Minister of Finance. ”

“ In turn, it devolves upon Congress to tap new sources of revenue. When appropriation measures are passed by Congress, the Executive considers them not decisively from the availability of revenues but from the essentiality and importance of the service provided. It is the duty of the Government to provide and to find ways and means of financing such services which promote the public welfare. ”

“ As you will see from the Budget which will be submitted to the Chamber, our finances are in an extremely difficult situation. I recommend you, above all, to adopt common measures adapted to meet the difficulties of the situation and to restore our credit. You will have moreover, to take measures to insure the supply of funds required for urgent reforms. One of the greatest wants of our Empire and of our subjects is the development of agriculture and industry, and the progress of civilisation and of public wealth. ”

“ While the support of many agencies—dispensaries, clinics, hospitals, sanatoria, etc.—must for a time depend upon private philanthropy, the expense is in the nature of an investment to bring in a high rate of interest in the future welfare of the race. As soon as the belief in the efficiency of these agents reaches the taxpayer he will willingly furnish the funds for public agencies. ”

“ It should understand that this is its peculiar and appropriate province, and that it is commendable or the contrary, as it exercises the function with more or less discernment. But the administrators of a public fund ought not to be required to do more for anybody, than that minimum which is due even to the worst. ”

“ The aims of the Government must be clearly brought to the attention of the consuming public, civic organizations and state officials, who are in a position to lend their assistance to our efforts. You have made available funds with which to carry on this campaign, but there is no provision in the law authorizing their expenditure for the purpose of making the public fully informed about the efforts of the Government. ”

“ But they can supplement the efforts of these organizations; they can bring monetary as well as personal assistance; and they can, above all, bring a mass of public opinion to bear on local and central governing bodies which will lead to the only real economy, which consists in expenditure on an adequate scale, bringing to the aid of the families of the people the preventive, the medical, and the nursing facilities of which they remain in need. ”

“ The State Budget may only be used for providing support or performing any contractual payment to an organisation which has a transparent ownership structure, organisation and activity aimed to utilise such support.
(2) Every organisation managing public funds shall be obliged to account for its management of public funds to the general public. Public funds and national assets shall be managed according to the principles of transparency and the elimination of corruption. The data related to public funds and national assets shall be data of public interest. ”

“ With a full appreciation of the fact that compliance with the suggestions of the head of that Department and of the Advisory Board must involve a large expenditure of the public moneys, I earnestly recommend such appropriations as will accomplish an end which seems to me so desirable.
Nothing can be more inconsistent with true public economy than withholding the means necessary to accomplish the objects intrusted by the Constitution to the National Legislature. ”

“ The budget should, among other things, show budgeted revenues, expenses, profits
or loss, capital expenditure, cash flows, borrowings, grants, transfers, contingent liabilities
including guarantees, and balance sheet. Any amendments to the budget shall also be
submitted to the Minister for Finance for review and approval. The Minister of Finance shall
respect the operational independence of public corporations. ”

“ The great advantage of the new budget system is that it enables Congress to make a comprehensive plan of expenditure for the year and thus to hold the expenses within the estimated revenues.
Is it necessary for governments to borrow? Public Debts: Why Governments Borrow Money.—Nearly all nations, states, counties, cities, and even villages have debts. Why do they find it necessary to borrow money? Why should they not, like wise individuals, adopt a pay-as-you-go policy? ”

“ In an effort to make our economy more competitive with those of other nations, our budget sets out important steps, including training for dislocated workers, the return to the private sector of certain institutions now owned by the Government, and more funding for research and development. ”

“ It would be impossible for the charitable offices to do their work without assistance from the authorities, and the Administration of Public Aid helps the offices with contributions which may be put down at 500,000 francs in money and 700,000 francs in bread, besides another 500,000 francs, called the subvention extraordinaire, which enables the central administration to establish something like a balance between the resources of the different bureaux. ”

“ This program is an example of that. The President's commitment remains just as firmly intact as ever. He was funding it at a level that we think they will be able to increase the funding to, a fivefold increase. And any agency, whether it's a private sector agency or a government agency, when you give people fivefold increases, there's always a question of will they have the ability to spend it and do so in a way that's effective. We believe a fivefold increase is the right way to get it done. To increase it any more than that is going to, again, leave money that goes unspent. ”

“ It is the duty of those serving the people in public place to closely limit public expenditures to the actual needs of the Government economically administered, because this bounds the right of the Government to exact tribute from the earnings of labor or the property of the citizen, and because public extravagance begets extravagance among the people. ”

“ We'll train staff, we'll have them draw up detailed plans with attainable goals, and the federal government will provide half of the funding for each city, with the rest coming from philanthropies and businesses. ”

“ It will produce combinations of local and sectional interests, strong enough when united to carry propositions for appropriations of public money which could not of themselves, and standing alone, succeed, and can not fail to lead to wasteful and extravagant expenditures. ”

“ We understand that that level of trust is extraordinary, and that whether this money goes to the states through a formula grant, whether it goes to the states or local entities through a transportation grant or something like that, that great care has to be used when dealing with the taxpayer money. The money should not be spent on wasteful projects or pet projects, but instead spent on projects that we know can and will move this economy forward. ”

“ The soundest maxims of public policy and the principals upon which our republican institutions are founded recommend a proper adaptation of the revenue to the expenditure, and they also require that the expenditure shall be limited to what, by an economical administration, shall be consistent with the simplicity of the Government and necessary to an efficient public service. ”

“ That which is to be ardently desired is that the authorities who direct the public expenditure should have before them some great and comprehensive scheme, which, while it leaves all details{301} perfectly free, and so avoids monotonous uniformity, may indicate the general principles to be followed, and at least see that one improvement does not destroy or ruin another. ”