Free

Truth and Integrity in State Budgeting: What Is the Reality?

Event Information

Share this event

Date and Time

Location

Location

Roosevelt House

47-49 East 65th Street

New York, NY 10065

Event description

Description

The Volcker Alliance invites you to join Paul A. Volcker, former Federal Reserve Board Chairman, and Richard Ravitch, former Lieutenant Governor of New York, for a presentation of research findings from a multiyear study of state budgeting practices across the United States. At a time when state budgets are squeezed by state revenues that are not expanding in line with historical trends, the Alliance will release a new report Truth and Integrity in State Budgeting: What Is the Reality?, with in-depth analysis and grading of the budget practices of all 50 states. William Glasgall, director of the Volcker Alliance’s State and Local Program, will present the Alliance’s analysis, which is grounded in a broad set of best practices the Alliance has defined to be necessary for accurate, sustainable, and transparent budgeting by states. The Alliance’s proprietary grading system of state budget practices assesses an array of techniques states use in five areas: budget forecasting, budget maneuvers, legacy costs, reserve funds, and transparency. While few states earn top grades across all categories, the report highlights numerous examples of individual state’s practices worth emulating in state budget offices and state houses around the country.

The event will also feature a panel of experts, including Katherine Barrett and Richard Greene, special project consultants to the Alliance’s Truth and Integrity in Government Finance Project; Matt Fabian, Partner at Municipal Market Analytics, which provided data consulting for the project; and Merl Hackbart, Professor of Finance and Public Administration at the University of Kentucky, who is part of the Alliance’s research team of more than fifty professors and graduate students in public finance at thirteen schools and institutes of public administration or policy. Thomas W. Ross, President of the Volcker Alliance, will provide opening remarks.

A continental breakfast will be provided.

Share with friends

Date and Time

Location

Roosevelt House

47-49 East 65th Street

New York, NY 10065

Save This Event

Event Saved