Wednesday, April 07, 2010

A Better Budget?

Today, the Senate democrats unveiled a series of proposals to reform the state’s budget process, which this year has dragged on a week beyond the mandated deadline with no apparent end in sight.

Most of the proposals – which are outlined in six separate bills – focus on better long-term financial planning and external oversight of the budget designed to eliminate waste. One bill would move the budget deadline back to May 31, following the recommendations made by the Senate’s Select Committee on Budget and Tax Reform in a report also released today.

While we have not yet analyzed the legislation in detail, we’re glad to see the Senate thinking constructively about ways to reform the state’s broken budget process and we hope that the Assembly also seriously considers reform. If the Senate does not have the cooperation of the lower chamber, it should at the very least demonstrate its commitment to a better budget by continuing to build upon the steps it has taken toward greater transparency. New Yorkers certainly deserve to have their tax dollars managed more wisely, but they also have a right to be privy to the decisions made about how their money is to be spent.

No comments: