Get the free State Cost (Savings) - Legislative Budget Office - MN.gov

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What is state cost savings?

State cost savings refers to the money that a state government saves through efficient practices or reduced expenses.

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State agencies or departments are typically required to file state cost savings reports to demonstrate their cost-saving efforts.

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State cost savings reports can be filled out by providing detailed information on cost-saving initiatives, efficiency measures, and reduced expenses.

What is the purpose of state cost savings?

The purpose of state cost savings is to demonstrate transparency, accountability, and fiscal responsibility in managing state finances.

What information must be reported on state cost savings?

State cost savings reports must include details on specific cost-saving measures implemented, the amount of money saved, and the impact on state finances.

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