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Category Archives: Budget and Control Board
Restructuring Could Face Filibuster in Senate
The S.C. Senate this week is continuing to debate a restructuring bill that goes a long way toward overhauling state government but – to some informed observers – falls short of true, comprehensive reform. How the Senate got to where … Continue reading
Lawmaker: Budget and Control Board Does ‘Jam-Up’ Job
On Jan. 26 the S.C. Senate debated a bill that would abolish the Budget and Control Board – the powerful five-member board that runs state government. Although observers of both parties have usually agreed that the Board system has not … Continue reading
Senate Faces Choice on Dept. of Administration: True Change or Fig-Leaf Reform
Although myriad ifs, ands or buts could derail it, a full-on elimination of the Budget and Control Board is in the works in the S.C. General Assembly. On Tuesday, the Senate plans to resume debating a bill that would abolish … Continue reading
Boeing Not a ‘Public Body,’ Federal Judge Rules
Despite receiving hundreds of millions of dollars in taxpayer-backed incentives from South Carolina, aerospace giant Boeing is not a public body under the state’s whistleblower law, a federal judge has ruled. That’s mainly because the Chicago-based company “satisfies” a condition … Continue reading
Senator Proposes Pension Changes for Lawmakers
State lawmakers over the years have been quite generous to themselves when it comes to their own pensions, but one legislator wants the General Assembly’s retirement program to look more like what’s offered in the private sector. Sen. Chip Campsen, … Continue reading
Amid Building Spree, Schools Should Ponder Tuition Costs
Comptroller General Richard Eckstrom notes during the Dec. 15 Budget and Control Board meeting that several state universities are seeking approval for multi-million-dollar projects. Eckstrom says it would be nice if these schools could find a way to cut back on … Continue reading
Sheheen: BCB Shouldn’t Approve Budget Deficits
Sen. Vince Sheheen, D-Kershaw, says removing the Budget and Control Board’s ability to approve a state agency’s ability to run a deficit is a good idea. The power doesn’t belong with the Budget and Control Board, they haven’t exercised it … Continue reading
Eckstrom Questions Timing of Sale of State-Owned Land
Comptroller General Eckstrom argues during the Dec. 15 Budget and Control Board meeting that a proposal to sell a piece of property owned by the S.C. Department of Transportation should be carried forward, given real estate market conditions. Ultimately, the … Continue reading
Restructuring: Lots of Talk, Little Action
“Restructuring” might have been the buzzword of this year’s legislative session, but in the end, there was a whole lot of talk – and even an emergency S.C. Supreme Court ruling – with no concrete results. Take the State Agency … Continue reading
Posted in Accountability, Budget and Control Board, General Assembly, Legislation, State Agencies
Tagged Board of Economic Advisors, Budget and Control Board, Department of Administration, Rep. Chandra Dillard, Rep. Garry Smith, Rep. Kris Crawford, Rep. Murrell Smith, Rep. Phillip Lowe, Restructuring, Sen. Larry Martin
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What’s Behind the Unfunded Liability in SC’s Retirement System
A member of the Retirement Ad Hoc Committee highlights some of the causes behind the huge unfunded liability facing the state retirement system. One of the principal causes of the estimated $17 billion unfunded liability was the change in state … Continue reading
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