Senate Appropriations Committee advances performance-based budgeting bill

Senate Appropriations Committee advances performance-based budgeting bill

Less than a week after holding a hearing on the measure, the Senate Appropriations Committee Monday advanced Senate Bill 1341, legislation introduced by Sen. Bob Mensch (R-Montgomery) that would require the state budget to developed based upon performance measures.

Monday, September 26, 2016/Author: Jason Gottesman
Categories: News and Views
Senate committees examine performance-based budgeting

Senate committees examine performance-based budgeting

The Senate Appropriations and Senate Republican Policy committees held a joint hearing Tuesday afternoon to look at experiences with, and the potential benefits and detractors of, performance-based budgeting.

 

The specific proposal being used as the topic of conversation is Senate Bill 1341 introduced by Sen. Bob Mensch (R-Montgomery).

 

That bill would form an independent state board responsible for examining whether state programs are meeting objective goals based on their funding so that the political branches can use that information in determining where state funds can be spent to advance successful programs while cutting funds to programs where taxpayer dollars have been for naught. 

Tuesday, September 20, 2016/Author: Jason Gottesman
Categories: News and Views
Break’s over! House begins fall session run with lots to do and little time to do it

Break’s over! House begins fall session run with lots to do and little time to do it

With the seasonal calendar officially changing to autumn later this week, the House of Representatives returned to voting session Monday to end the legislature’s summer recess and begin work on a number of top-priority items prior to the constitutional end of the 2015-2016 legislative session.

 

Starting Monday, the House had 14 scheduled session days while the Senate only scheduled ten.

Monday, September 19, 2016/Author: Jason Gottesman
Categories: News and Views
$1.2 billion borrowed to cover General Fund expenses

$1.2 billion borrowed to cover General Fund expenses

The Treasury Department announced Tuesday that the state Budget Office has borrowed an additional $1.2 billion from the $2.5 billion credit line the Treasury extended the General Fund in August to ensure the state’s main bank account does not go into a negative balance.

 

Since the credit line was authorized just under a month ago, total borrowing has come to $1.6 billion, including the initial $400 million borrowed in August when the credit line was first authorized.

Wednesday, September 14, 2016/Author: Jason Gottesman
Categories: News and Views
Tax amnesty program guidelines released

Tax amnesty program guidelines released

Although the amnesty period will not begin until early 2017, the guidelines for the tax amnesty program authorized as part of the revenue package accompanying the FY 2016-2017 budget have been released.

 

Under the guidelines, all known and unknown tax delinquencies that existed prior to December 31, 2015, for taxes owed to the Commonwealth and administered by the Department of Revenue will be eligible for the lessened burden as part of the amnesty program.

Monday, September 12, 2016/Author: Jason Gottesman
Categories: News and Views
RSS
First45678910111213Last