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State budget officers
| Federalism |
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| •Key terms • Court cases •Major arguments • State responses to federal mandates • Federalism by the numbers • Index of articles about federalism |
State budget officers are the state government administrators responsible for overseeing the creation and implementation of state budgets. Budget officers oversee budget staff who typically help prepare an executive budget proposal, help legislators prepare appropriations bills, confirm budgets conform with state and federal laws, and compile relevant data related to state revenue and economic projections.[1][2]
Background
In a federal system of government, each level of government (federal, state, and local) is responsible for appropriating (budgeting) its revenue.
States raise revenues primarily through state taxes (such as property taxes, income taxes, and sales taxes). The second largest source of state revenue is grant funding from the federal government. Research from the Pew Charitable Trusts found that federal funds made up 32% (roughly $639 billion) of all state revenue in 2017.[3] States direct federal funds to government programs related to education, healthcare, transportation, infrastructure, and other policies.[3]
State budget officers are responsible for assisting with the creation of state budgets and the execution and oversight of spending. Budget office responsibilities commonly include:[1][2]
- Preparing an executive budget.
- Writing (or helping to write) appropriation bills for the legislature.
- Analyzing and forecasting fiscal and economic data.
- Developing monthly allotments and making sure spending conforms with state and federal laws.
See also
External links
Footnotes
- ↑ 1.0 1.1 West Virginia State Budget Office, "About the West Virginia State Budget Office," accessed August 9, 2021
- ↑ 2.0 2.1 Rhode Island Office of Management and Budget, "Budget Office," accessed August 9, 2021
- ↑ 3.0 3.1 Pew Charitable Trusts, "Federal Funds Hover at a Third of State Revenue," October 2019
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