Georgia Bests its Peers in Avoiding Suspicious One-Time Budget Grabs

savings-2789112_640ATLANTA—While Georgia outperforms its peers in avoiding one-time maneuvers to close budget gaps, it fails to make the grade in budget forecasting or in adequately funding post-employment benefits for public workers, according to a study conducted by the Volcker Alliance in partnership with the Center for State and Local Finance (CSLF) at Georgia State University.

CSLF researchers graded Georgia — along with four other Southeastern states — in five categories: budget forecasting, budget maneuvers, legacy costs, reserve funds and transparency, as part of the Volcker Alliance report, “Truth and Integrity in State Budgeting: What Is the Reality?” The study spanned fiscal 2015 through October 2017 and graded states based on best practices deemed necessary for accurate, sustainable and transparent budgeting.

Read the full press release