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Committee approves bill to standardize local budget posting and utility forecasts, with small-government concerns
Summary
CS for SB 1566 directs counties and municipalities to publish budgets online for at least five years, require tentative budgets to be posted earlier and add multi-year utility forecasting; the bill passed committee after a lengthy debate and testimony from small counties and cities asking for templates and state technical support.
Senator DeSigley told the committee SB 1566 aims to improve financial transparency and accountability at the local level by requiring counties and municipalities to publish budgets online and retain them for at least five years, post tentative budgets and amendments several days before hearings, and develop five-year budget forecasts and utility reinvestment strategies. The sponsor said the bill seeks to make local…
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