SPRINGFIELD – State Sen. Laura Murphy, D-Des Plaines, says a newly signed law she sponsored will bring much-needed transparency and accountability to the state budgeting process.
Her proposal, Senate Bill 2585, was signed into law by the governor on Friday.
It will require the governor’s budget office to annually produce a report containing a four-year budget forecast that also lays out detailed solutions to solve any predicted budgetary shortfalls. The report also must be posted online so it is available to the general public.
“This bipartisan proposal will require the state to plan years in advance, instead of continuing to kick the can down the road year after year,” Murphy said.
The legislation was brought to Murphy by the Budgeting for Results Commission, which makes annual recommendations to the governor and General Assembly on how to eliminate waste, fraud and abuse in state government, as well as increase financial accountability and transparency.
— From the Illinois Business Journal