Vaud

Loi sur les finances (LFin, RSV 610.11, 2003); Constitution du Canton de Vaud (Cst VD, RSV 101.01) dispositions financières; Cour des comptes VD (CDC VD); IVöB 2020 (seuil CHF 150,000)

LFin RSV 610.11 (Loi sur les finances VD 2003 — budget, comptes d'Etat, plan financier quadriennal, frein à l'endettement, comptabilité patrimoniale HRM2, planification des investissements, rapports trimestriels, délai Oct Grand Conseil); Cst VD RSV 101.01 dispositions financières (frein à l'endettement, referendum cantonal sur les dépenses); CDC VD (Cour des comptes — Grand Conseil-nommée, audit de performance, rapport annuel public); IVöB 2020 (CHF 150,000 biens/services, SIMAP)

Statute text →

Fiscal Transparency: 63/100 (good)
63
out of 100
limited
27 of 37 scored fields populated. Higher = stronger statutory transparency requirements.

Vaud's cantonal fiscal framework rests on the Loi sur les finances (LFin, RSV 610.11, 2003) and the Constitution du Canton de Vaud financial articles. VD enacted one of the earliest comprehensive post-2000 cantonal finance laws. The LFin establishes budget, comptes d'Etat, plan financier quadriennal, frein à l'endettement, HRM2 comptabilité patrimoniale, planification des investissements, and quarterly monitoring reports (rapports trimestriels). An October deadline to the Grand Conseil (~61 days) applies. The Cour des comptes VD (CDC VD) is the SAI, appointed by the Grand Conseil with performance audit mandate. VD adopted HRM2 accrual accounting with full balance sheet (asset inventory). No standalone IFI. IVöB 2020 procurement. Currency: CHF; fiscal year: calendar year.

Transparency Requirements

Budget Publicationmax 12 pts

Budget publication required ✓ Yes
Budget published online ✓ Yes
Budget publication timeline 61 days before fiscal year
Machine-readable budget format
Draft budget required before adoption ✓ Yes

Expenditure Disclosuremax 12 pts

Expenditure disclosure required ✓ Yes
Expenditure granularity department
Public expenditure portal required
Expenditure reporting frequency quarterly

Independent Auditmax 12 pts

Audit required ✓ Yes
Auditor independent of entity ✓ Yes
Auditor selection method appointed independent
Audit frequency annual
Audit reports public ✓ Yes
Audit scope financial performance

Contract & Procurementmax 10 pts

Public bidding required ✓ Yes
Public bidding threshold 150,000 CHF
Contract publication required ✓ Yes
Bid award disclosure ✓ Yes
Beneficial ownership disclosure No

Debt & Liability Disclosuremax 10 pts

Debt disclosure required ✓ Yes
Pension liability disclosure
Contingent liability disclosure
Voter approval required for new debt ✓ Yes

Fiscal Reporting Frequencymax 10 pts

Interim reporting required ✓ Yes
Interim reporting frequency quarterly
Year-end report deadline 180 days after fiscal year
Citizens budget required

Enforcement & Oversightmax 10 pts

Non-compliance penalties ✓ Yes
Fiscal oversight body No
Whistleblower protections ✓ Yes
Legislative budget office No

Revenue & Tax Transparencymax 8 pts

Tax expenditure reporting
Revenue forecasting required ✓ Yes
Tax rate publication ✓ Yes
Fee schedule publication ✓ Yes

Compensation & Payrollmax 8 pts

Salary disclosure required
Salary disclosure scope
Pension benefit disclosure
Overtime reporting

Capital & Asset Disclosuremax 8 pts

Capital plan required ✓ Yes
Asset inventory required ✓ Yes
Surplus asset disposal transparency

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