State agencies are currently operating under a woeful lack of uniform oversight. As a result, the Texas budget has increased contributing to Texas taxpayers paying the 6th highest property tax rate in the country.
Key points:
- Currently, state agencies are not subjected to efficiency audits with any uniformity.
- Efficiency audits can minimize costs and maximize services by investigating waste or poor allocation of resources.
- A Wyoming efficiency audit found potential savings 50 times greater than the initial cost of the audit.
- An efficiency audit of Texas’ TANF program found that only 1% of resources were devoted to their goal of forming and maintaining two-parent households.