Summary

This report reviews the structure for budget and financial management of state government and considers the feasibility of consolidating State Budget, the Controller, and the State Treasurer. These agencies perform 29 budget and financial management functions, and there is no duplication of effort among them. The structure and location of budget and financial management functions varies among states, but North Carolina is one of 22 states where the functions are located in three separate agencies. Consolidation of budget and financial management of state government is feasible and could save money, but consolidation is constrained by constitutional requirements and would sacrifice the independence of the Controller.

Final Report

Executive Summary

Presentation

Handouts