2018 Winner Profile

Pennsylvania Treasury Department

Project Description:
The Transparency portal allows access to up-to-date information on the Pennsylvania's general fund, and provides an in-depth look at more than $100 billion in state expenditures. The portal allows Pennsylvania taxpayers to monitor the state's financial health in near real time. Since its launch, the portal has enabled Pennsylvania legislators to identify $300 million in unused funds to avoid tax increases and balance the budget. To the best of the legislators knowledge, the Transparency portal is the first of its kind in the world that provides near real-time cash flow data to its citizens. Pennsylvania is facing serious budget shortfalls and as such its citizens need to hold their government accountable. The Transparency portal, therefore, will serve as a vital tool in keeping them informed about how and where their hard-earned money is being spent. In addition, because of the Transparency web site, the budget drafting officials are now in possession of a tool that will help them make better strategic decisions.
Business Goal:
Other
CIO:
PN Narayanan, Deputy Treasurer / CIO
CEO:
Joseph Torsella, State Treasurer, Commonwealth of Pennsylvania
Headquarters:
Harrisburg, Penn.
Industry:
Government: State or Local (including Law Enforcement)
Website:
www.patreasury.gov
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