State Budget Sources Guide and Budget Practice Report Card
State Budget Sources
State Budget Sources: An Annotated Guide to State Budgets, Financial Reports, and Fiscal Analyses is a resource published by the Volcker Alliance designed to help public officials, policy advocates, journalists, academics, and concerned citizens fully understand the critical fiscal decisions that governors and legislators must make. The guide includes the links below to budgets for this state as well as legislative analyses of budget bills and treasurers’ or comptrollers’ monthly state cash-flow statements; capital spending plans; reports on public-worker pension funding and returns; and reports by local and national fiscal research organizations, bond rating firms, and associations of state fiscal and finance officials.
Executive and Other Constitutional Finance Offices
Budget, accounting, financial reporting, revenue forecasts, and reports; cash and debt management.
Financial highlight reports that present information in a simplified, easier-to-read format that is geared to citizens.
State checkbook, budget, tax expenditure, contract, payroll, and performance information.
Financial and compliance audits of Minnesota local governments with a growing focus on infrastructure.
Budget and fiscal analysis; provides staff assistance to the state House Ways and Means Committee and other finance committees.
Budget updates, forecast changes, and tax analysis.
Budget summaries, budget tracking, and research reports.
Annual summary of state spending; site also links to other research reports.
Conducts financial audits, program evaluations, and occasional special reviews and investigations.
Budget process and links to budget-associated websites and documents.
State Budget Report Cards
The report cards found here contain grades of the state's budgetary practices during the fiscal years of 2015 through 2019. Each state received marks in five critical categories, based on their adherence to best practices in several key budgeting indicators. The five categories covered methods used to achieve budgetary balance as well as how budgets and other financial information are disclosed to the public.
States received grades of A to D-minus (there are no “failed states”) for their procedures in estimating revenues and expenditures; their use of one-time actions to balance budgets; how they oversee and use rainy day funds and other fiscal reserves; the adequacy of their funding of public worker retirement and other postemployment benefits; and the quality of transparency of budget and related financial information. The grades are based on research conducted by public finance and budgeting professors and students at eight US schools of public administration or policy. The universities’ research efforts were augmented by Volcker Alliance staff, data consultants at Municipal Market Analytics, and special project consultants Katherine Barrett and Richard Greene.
Select a State Below to View State Report Cards and Budget Sources
- National Organizations and Federal Agencies
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia