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| | HR0542 | | LRB098 12958 MST 47543 r |
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1 | | HOUSE RESOLUTION
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2 | | WHEREAS, Zero-based budgeting is a method of budgeting that |
3 | | is
designed with the purpose of justifying every expenditure |
4 | | within the State budget, regardless of whether the expenditure |
5 | | was
included in previous budgets; and
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6 | | WHEREAS, Zero-based budgeting, which requires each |
7 | | activity to be justified on the basis of cost-benefit analysis, |
8 | | assumes that only certain present commitments exist and that no |
9 | | balance is carried forward; zero-based budgeting forces |
10 | | activities and expenditures to be ranked according to priority; |
11 | | and |
12 | | WHEREAS, Zero-based budgeting stands in distinct contrast |
13 | | to the
traditional Illinois form of budgeting, which projects a
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14 | | spending level based on the previous year's expenditures plus
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15 | | anticipated growth in resources; and
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16 | | WHEREAS, Zero-based budgeting is a method of budgeting that |
17 | | has
been embraced and pursued in a bipartisan manner elsewhere |
18 | | as a
means of controlling State government spending; and
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19 | | WHEREAS, Illinois has a bill backlog of approximately $7.5 |
20 | | billion and
an unfunded pension liability of nearly $100 |
21 | | billion; and
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