Newsletter

Improving Transparency and Accountability in State Budgeting

Abstract: On December 7, 2015, the Volcker Alliance, the Institute of Government and Public Affairs at the University of Illinois and the Federal Reserve Bank of Chicago held a conference examining ways to increase transparency and accountability in state (and local) budgeting. Based on research presented at the conference, the main speakers recommended budgetary principles and practices that, if adopted, would improve public understanding of the true nature, cost and consequences of states? tax policies and spending commitments.

Keywords: Budget; taxation;

Bibliographic Information

Provider: Federal Reserve Bank of Chicago

Part of Series: Chicago Fed Letter

Publication Date: 2016

Order Number: 351