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Accounting for oysters: The importance of fiscal notes in policymaking

DECEMBER 13, 2018 | by Katherine Barrett, Richard Greene | GOVERNING

“… When the cost of a new project is underestimated, agency managers may have to drop aspects of the program, reassess targets, slow down timetables or even ask the legislature for more money. So how do managers avoid this quandary? Fiscal notes. That is, the legislature should factor into every debate about a bill the estimated cost of the program. Clipping fiscal notes to bills is easier said than done. …”

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