The Fiscal Affairs Division develops the Governor’s budget recommendations for submission to the Legislature. The Division analyzes the projected fiscal impact of new and existing legislation to ensure that the Commonwealth’s projected revenues support the projected level of spending, and oversees spending authorized by the Legislature.
Working with departments, the Fiscal Affairs Division develops and analyzes policy initiatives and alternatives; ensures fiscal stability under changing circumstances; and assesses the fiscal impacts of department activities.
The Division analyzes and reports on the fiscal health of the Commonwealth and provides fiscal data to bond rating agencies and others.
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