Performance-based budgeting becoming possible
The Nevada Policy Researh Institute has been writing for a long time about the failures inherent in Nevada’s baseline budgeting process and the need for an immediate shift to the performance-based approach when crafting the state budget.
NPRI’s “Better Budgeting for Better Results” study was instrumental in raising the issue’s profile at the outset of the 2011 legislative session and, soon after, Gov. Brian Sandoval’s administration produced the first official performance-based budgeting document in state history.
Yesterday, the legislature passed AB248 which would require performance-based budgeting for all future budget cycles. This change will be a huge victory for Nevadans who wish to see their tax dollars used in the most cost-effective manner possible.
Congratulations to the Nevada Legislature for its bipartisan support of a very sound policy change! Now, if only the same could be said for meaningful education reform…