Question 37

Does the Executive’s Budget Proposal or any supporting budget documentation present estimates of transfers to public corporations for at least the budget year?
 * a. Yes, estimates of all transfers to public corporations are presented, along with a narrative discussion.
 * b. Yes, estimates of all transfers to public corporations are presented, but a narrative discussion is not included.
 * c. Yes, estimates of some but not all transfers to public corporations are presented.
 * d. No, estimates of transfers to public corporations are not presented.
 * e. Not applicable/other (please comment).

Guidelines
Question 37 asks about transfers to public corporations. It is often the case that governments have a stake in enterprises that manage resources that are particularly relevant for the public good (such as electricity, water, and oil). While these public corporations can operate independently, in cases the government will provide direct support by making transfers to these corporations, including to subsidize capital investment and operating expenses.

To answer “a,” the Executive’s Budget Proposal or supporting documentation must present for at least the budget year both estimates covering all transfers to public corporations and a narrative discussing the purposes of these transfers. If a narrative discussion is not included, but estimates for all transfers to public corporations are presented, then a “b” answer is appropriate. A “c” response applies if the presentation includes estimates covering only some, but not all, transfers to public corporations (regardless of whether it also includes a narrative discussion). Answer “d” applies if no estimates of transfers to public corporations are presented.

Detail required to score "a" or "b"
If the budget only includes a line item with a heading like “transfers to public corporations,” then the answer should be “c.” Options “a” and “b” apply only if the individual transfers are listed, so that we know which corporation gets what. Option “a” also requires a narrative, as per the question’s guidelines.