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Example Budget
Topic Started: Jul 11 2010, 07:02 PM (99 Views)
JBK
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Example Budget of Grand Fenwick, 1836

Statistics:
GDP: £1,000,000 (Fenwickian pounds)
Population: 2,200
Imports: £750,000



Government Income

Tariff Rate: 25%
Customs Duties: £187,500 (25% of 750,000)

Income Tax: 1%
Revenue from Income Taxes: £10,000 (1% of 1,000,000)

Foreign Aid: £50,000

Total Government Revenue: £247,500



Government Expenses


Government Administration: £100,000

Department of the Army: £10,000

Department of the Navy: £25,000

Grand Fenwick Post Office: £10,000

State Education: £50,000

Foreign Ministry: £20,000

Payments on Public Debt: £1,000

Public Works Projects: £30,000

Total Government Expenses: £246,000

Surplus / Deficit: +£1,500
"They offer a warning of the dangers of entrusting power to those who feel summoned by God to war, or feel that their sense of justice and order is the only one valid."
Peter H. Wilson
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