Audits Of State Governments Yield Savings

New Jersey hasn’t conducted a complete audit of state government since 1983. As a part of his Governor’s Management Improvement Plan, Former Governor Kean conducted a similar audit of state government that identified an estimated $100 million dollars in savings for New Jersey taxpayers. (Philly Inquirer, 5/18/2017)

 

Recommendations from a recent state government-wide audit in Louisiana identified $2.7 billion in savings over five years, and another in Kansas identified $2 billion in savings over five years.

Governor Kean says it is possible to find $1 billion in savings through an audit (Philly Inquirer, 5/18/2017)

 

 

Letter: State audits have yielded tax savings

By Kim Guadagno

Asbury Park Press

 

Carl Golden contends in his Sept. 7 “State audits generally haven’t paid off” that “one cannot be optimistic about the outcome” of a statewide audit of state government. I respectfully disagree.

 

Believe it or not, New Jersey hasn’t conducted a full-scale audit of state government since 1983 when former Gov. Tom Kean implemented the Governor’s Management Improvement Plan. He had teams look at all aspects of state government operations and identified an estimated $100 million in savings for New Jersey taxpayers. Not withstanding the exponential growth of state government over the past 30 years, that would be nearly a quarter of a billion dollars in today’s money.

 

Recommendations from a recent state government-wide audit in Louisiana identified $2.7 billion in savings over five years, and another in Kansas identified $2 billion in savings over five years. Those kinds of savings for New Jersey would equal real and lasting property tax relief for middle-class families.

 

I know that may not seem like a lot of money to a Goldman Sachs millionaire like Phil Murphy. who has pledged to raise taxes by over $1.3 billion if elected, but I believe taxpayers need to have confidence that the money they send to Trenton is being spent efficiently and wisely. For instance, I will require all top officials at NJ Transit to reapply for their jobs with the goal of selecting the very best transportation professionals to improve customer service. That’s the kind of accountability people expect and the kind of accountability I will bring as governor.