Punctuality is for the Bored: The California Budget Process

Fowler, Luke; Rudnik, Nicholas

doi:10.5070/p2cjpp7225820

Cited by 2 publications

(2 citation statements)

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“…In contrast, state laws can dramatically amplify the costs of budgetary gridlock for lawmakers. The political price of budgetary delay for lawmakers is higher during an election year and when state laws mandate a government shutdown in the lack of an enacted budget (Andersen, Lassen, and Nielsen 2012; Klarner, Phillips, and Muckler 2012; Fowler and Rudnik 2015). For example, Minnesota’s twenty-day shutdown in 2011 furloughed nineteen-thousand public employees and suspended public services, escalating pressure on lawmakers to pass a budget (MacKellar 2017).…”

Section: Budgetary Delay and Nonpartisan Fiscal Institutionsmentioning

confidence: 99%

“…Consequently, compromise frequently falters when executive and legislative actors end up in in budgetary standoffs (National Conference of State Legislatures 1995; Kousser and Phillips 2009, 2012). In recent years, partisan budgetary deadlocks have resulted in late budgets becoming commonplace (Farmer 2017), with proposed causes including divided government (Andersen, Lassen, and Nielsen 2012; Cummins 2012; Kirkland and Phillips 2018), partisan polarization (Birkhead 2016), institutional conditions (Klarner, Phillips, and Muckler 2012; Fowler and Rudnik 2015), and the economy (Andersen, Lassen, and Nielsen 2012).…”

Section: Introductionmentioning

confidence: 99%

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The Impact of Nonpartisan Fiscal Institutions on Budgetary Delay

Emrich

2020

State and Local Government Review

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Can the design of governmental institutions promote timely governance? This article investigates this question by examining the relationship between the design of fiscal institutions and budgetary delays across the fifty states. These budgetary offices are created by lawmakers to advance sound fiscal policy and sustainable public finance. This article argues that the unbiased information provided by nonpartisan budget offices minimize the likelihood of budgetary delay as well as lessen how long budgetary stalemate persists when a delay occurs. The findings suggest that nonpartisan fiscal institutions do not prevent budgetary delay but substantially reduce the duration of budgetary gridlock.

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Section: Budgetary Delay and Nonpartisan Fiscal Institutionsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

The Impact of Nonpartisan Fiscal Institutions on Budgetary Delay

Emrich

2020

State and Local Government Review

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Intergovernmental Costs of Political Gridlock: Local Government Cash Flow Smoothing during State Budgetary Delays

Yang

2019

Public Finance Review

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Political gridlock in state legislature often leads to a failure in adopting a budget by the start of a fiscal year. This article examines the intergovernmental implication of late state budgets, specifically the cash management problem faced by localities during the stalemate. Without legislative appropriations, the state government could delay expected transfers and payments to localities. Late intergovernmental transfers may force localities to smooth out cash flow for continued service provision through short-term borrowing. Using municipal bond market data, this article finds that when the state budget is late, the average locality’s likelihood of issuing short-term debt increases by 61 percent among those with end-of-fiscal-year short-term debt outstanding experience, and the amount of debt issuance increases by 76 percent. As short-term debt carries interest costs, state’s political gridlock and policy inactions impose direct costs on local governments.

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Punctuality is for the Bored: The California Budget Process

Cited by 2 publications

References 28 publications

The Impact of Nonpartisan Fiscal Institutions on Budgetary Delay

The Impact of Nonpartisan Fiscal Institutions on Budgetary Delay

Intergovernmental Costs of Political Gridlock: Local Government Cash Flow Smoothing during State Budgetary Delays

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