A study by the Pew Charitable Trusts shows that Missouri is in the top ten states when it comes to using cost-benefit analysis of taxpayer money.
Cost-benefit programs analyze the cost of public programs and the benefits they provide taxpayers. In short, it’s the study of how much bang taxpayers are getting for their buck. And it can be a very effective tool when drafting new laws or policy.
According to the report, Missouri held four cost-benefit studies in 2011, whereas some states, like Arizona and Delaware didn’t conduct any.