Truth and Integrity in Government Finance
Grant Year: 2017
William Glasgall will lead an effort to encourage state governments to adopt responsible fiscal practices. He will build partnerships with scholars at twelve universities across the country to review the budgets of all fifty states annually. They will examine how states use revenue forecasting; the use of one-time fiscal solutions, such as asset sales, to balance budgets; public employee pension funding; the maintenance of rainy day funds; and the extent to which budgetary information is easily accessible to the public. The project’s findings will appear in an annual survey of state fiscal practices and a series of single-issue reports.
The Volcker Alliance Domestic Public Policy