Tuesday, May 22, 2018
May 22, 2018
For Immediate Release
Columbia, S.C. – State Comptroller General Richard Eckstrom’s S.C. Fiscal Transparency Website ranks No. 9 nationally in a new report evaluating the quality and user-friendliness of all 50 states’ transparency websites.
South Carolina received a “B+” – earning 87 points – in a report issued by two nonprofit good government advocacy organizations, U.S. Public Interest Research Group (PIRG) and Frontier Group.
The report lauds South Carolina as an “advancing state” in the field of government financial transparency available online, noting that the Palmetto State employs best practices with a variety of its website features.
In one example, the evaluation included an unannounced search for six specific expenditures. South Carolina is one of only three states whose website “proved comprehensive by hosting all six of the test expenditures in an easily accessible format in the online checkbook for fiscal year 2017,” the report says.
It also notes that:
“Some states have spent hundreds of thousands of dollars on their transparency websites,” Eckstrom says, “but we’ve always used existing internal resources for our site to save taxpayers money. This report proves that it’s not necessary to spend lots of money on a high-priced website to provide high-quality information to the public.”
Eckstrom’s staff is working to achieve an “A” for the Palmetto State in the 2019 evaluation. “We could make an ‘A’ this coming year if we receive credit for new information we’ve recently added that provides details on financial incentives the state awards to attract film productions in South Carolina,” he says.
Eckstrom has pioneered transparency in South Carolina since launching his office’s site in 2008. He credits the teamwork and dedication of his staff, which built and maintains the site, for making it one of the best in the nation. “A lot of work goes into keeping the site up to date and constantly improving it with information that’s not just new but that’s also useful to the public,” he says. “My staff tackles that challenge head on.”
The report ranking South Carolina No. 9 in transparency is on the PIRG website.
In addition to advising other government entities on ways to provide better financial transparency, Eckstrom’s office monitors spending by state agencies as a safeguard against them overspending their budgets. His office also processes vendor payments for state agencies; administers and processes the state payroll; and produces the state’s comprehensive annual financial report.
Eckstrom is the first certified public accountant to serve as South Carolina’s comptroller general.
For more information please contact Eric Ward, public information director, at 803-734-2538; 803-206-6293 or eward@cg.sc.gov.
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Thursday, Nov 3, 2022
November 3, 2022
For Immediate Release
State agencies collectively tripled their spending on travel in fiscal year 2022 compared to amounts spent a year earlier. After spending $16.2 million on travel in fiscal year 2021 -- a year when travel was voluntarily reduced because of COVID -- spending increased to $47.0 million during fiscal year 2022.
Friday, Jul 29, 2022
July 29, 2022
For Immediate Release
Monday, Oct 4, 2021
October 4, 2021
For Immediate Release
South Carolina now leads the nation on timely financial reporting, S.C. Comptroller Richard Eckstrom announced today.
The state’s 136-day publication window for its 2020 comprehensive annual financial report is the nation’s best – and nearly 11 weeks better than the national average. The group Truth in Accounting released the annual ranking last week.
Tuesday, Aug 24, 2021
August 24, 2021
For Immediate Release
S.C. Comptroller Richard Eckstrom is the new leader of a national organization of statewide financial officials.
Eckstrom, a CPA, has been installed as president of the National Association of State Auditors, Comptrollers and Treasurers (NASACT). The group promotes high standards of government financial management; provides training and technical support to its membership; and monitors federal legislation and regulatory changes that impact state governments.