Gerry Wethington
The National Association of State Chief Information Officers released Innovative Funding for Innovative State IT: New Trends and Approaches for State IT Funding to assist states in finding new ways to fund Information Technology (IT) innovations. This publication details 11 innovative funding models and provides case studies on how each model has been implemented by a state. The states that provided case studies for this publication are Massachusetts, Texas, Minnesota, Tennessee, Ohio, Missouri, Delaware, Arizona and Hawaii.
Innovative Funding for Innovative State IT also includes a study conducted by NASCIO's Corporate Leadership Council (CLC) that surveyed the states on the types of funding models they are currently using. The survey results from the 23 states that responded are included in this publication. The appendices include checklists to give states a starting point for implementing each funding model as well as a chart of the CLC's survey results and a list of other innovative funding resources.
"Information technology is one of the keys to streamlining state government to create efficiencies that improve citizen services and will ultimately save states money. It also is a means for making it more convenient for citizens to do business with state government. However, tight budgetary situations in many states have presented challenges to securing funding for state IT projects through traditional methods. Innovative Funding for Innovative State IT provides states with new options in seeking funding for their IT initiatives even in tight economic times," said Missouri CIO and NASCIO President, Gerry Wethington.
NASCIO members can download a complimentary copy.
