There are arguments against state tax and expenditure limitations as well.



Traditional limits refer to revenue, expenditure or appropriation limits. Expenditures are limited to the growth in state personal income. Spending limit on qualified appropriations some exclusions limited to personal income growth rate. Appropriations limited to the growth in state personal income. General fund spending must be less than the average growth in personal income in previous three years. It is not easy to balance a household budget when you have a low income. Revenue limits tie allowable yearly increases in revenue to personal income or some other type of index such as inflation or population. Payment Payments are accepted by cash or check from 8 30 a. Spending limited to average of growth in personal income for previous five years or previous year's increase in inflation, whichever is greater.

Spending growth is limited by formula that includes growth in population, and inflation. Biennial appropriations limited to the growth in state personal income. Most revenues limited to population growth plus inflation.