Directs the commissioner of administration to require the use of returns on investment in strategic planning and performance standards (OR SEE FISC NOTE)
Impact
By adopting this approach, HCR43 is expected to influence state laws pertaining to budgetary procedures and strategic planning. The emphasis on ROI will likely encourage the legislature and state agencies to focus on outcomes that maximize benefit from state funds, ultimately aiming to improve the efficiency and effectiveness of government services. This could lead to a more data-driven approach in state budgeting, potentially reducing waste and making informed decisions on funding allocations.
Summary
House Concurrent Resolution 43 (HCR43) directs the commissioner of administration in Louisiana to require the use of returns on investment (ROI) when developing strategic plans and performance standards. This directive aims to enhance state budget activities by integrating ROI metrics in order to evaluate and prioritize state expenditures. The resolution emphasizes the importance of ensuring that limited state resources are allocated effectively, especially during fiscal years where deficits in projected revenues are expected.
Sentiment
The sentiment surrounding HCR43 appears generally supportive, as it seeks to apply a practical framework to state fiscal management. Advocates of the resolution may identify it as a necessary step towards accountability and transparency in government spending. However, as with many budget-related initiatives, there may be concerns raised by certain stakeholders regarding how the implementation of these ROI requirements could impact smaller agencies or programs that may not easily quantify their returns on investment.
Contention
Some points of contention that may arise from HCR43 include debates over the definitions and methodologies used to calculate ROI, which could vary significantly between different programs and projects. Moreover, there may be apprehensions about the potential pressure this could put on state agencies to align closely with ROI metrics that favor short-term financial outcomes over long-term benefits to communities. The resolution thus opens a broader discussion about the balancing act between financial efficiency and fulfilling the essential missions of state services.
Provides that a website established and maintained by the commissioner of administration shall be the official journal of the state and requires him to post certain information about boards and commissions on it (EN SEE FISC NOTE GF EX)
Amends administrative rules to cause La. Medicaid eligibility standards to conform to those established in the Affordable Care Act (OR INCREASE GF EX See Note)
Requests the legislative auditor to issue a report concerning boards and commissions that have failed to comply with the requirements of Chapter 20 of Title 49 of the Louisiana Revised Statutes of 1950
Directs the disaster recovery unit of the office of community development in the division of administration to provide funding for the South La. Economic Council in FY 2011-2012 (OR NO IMPACT See Note)
Provides relative to the La. Granting Resources and Autonomy for Diplomas Act, including additional operational autonomies to be granted to public postsecondary education institutions and reporting requirements for such institutions and the Board of Regents (EN SEE FISC NOTE GF EX See Note)