ISLG is partnering with the Volcker Alliance to participate in its Truth and Integrity in Government Finance Project. The Alliance, founded and led by former Federal Reserve Chairman Paul Volcker, is analyzing the budgeting practices of all 50 states to determine whether or not best practices are being leveraged. The project will lay the groundwork for governors, legislators, civic organizations, and citizens concerned about fiscal stewardship to effect meaningful improvements in the quality and transparency of state budgets in a time of fiscal stress for many governments.
ISLG is managing students at the City University of New York’s John Jay College of Criminal Justice to investigate the budgeting practices of four states: Maine, Massachusetts, New Jersey, and Rhode Island. The students are collecting data from each state over three fiscal years (FY2015 to FY2017) on a range of areas from revenue and expenditure projections to borrowing behavior. The responses will be included in the final report from the Volcker Alliance, anticipated for release in 2017.
For more information, please contact Shaun Edwards at Shaun.Edwards@islg.cuny.edu.