What are outcome-based budgeting principles in Texas public finance?

Outcome-based budgeting principles in Texas public finance emphasize the connection between funding and the effectiveness of programs. This approach prioritizes the results and outcomes of spending rather than merely tracking historical expenditures or trends. The idea is to allocate resources to programs that demonstrate measurable successes and positive impacts, enhancing accountability and ensuring taxpayer money is spent effectively.

This method allows policymakers to assess whether state programs are achieving their intended goals and to make informed decisions about funding priorities based on performance metrics. By focusing on effectiveness and results, outcome-based budgeting helps to align public spending with the state's strategic objectives and citizen needs, fostering a more transparent government process.