Treasurer McCord Offers Additional Reforms to Improve PA’s “Broken” Capital Budget Process
Calls recent legislative activity good starting point, but suggests key additional reforms would increase accountability, efficiency, and transparencyHarrisburg – With the General Assembly now considering legislation to revamp the Redevelopment Assistance Capital Program, State Treasurer Rob McCord today offered additional reforms which he said would increase the accountability, efficiency, and transparency of the entire capital budget process. Treasurer McCord said the answer is not simply to focus on the state’s debt ceiling. “We need to focus on the commitment process that creates