The National Association of State Budget OfficersNews
April 19-21, 2012 • San Diego, California
State and local pension systems have received significant attention in the last few years. Changes to state pension systems have been taking place in response to the increased attention and concerns. This brief examines a number of pension issues from a budgetary perspective.
The rise of internet sales and electronic commerce over the past fifteen years has prompted states and Congress to reconsider the issue of remote sales tax collection.
The state and local government bond markets have held up well throughout the year despite a few high profile municipal defaults or bankruptcies by local governments.
States are concerned about the impacts from disproportionate cuts to discretionary spending programs and secondly, cuts to entitlements, specifically Medicaid.
Funding ongoing Medicaid programs is one of the greatest challenges for states. In governors’ proposed budgets for fiscal 2012, cost containment in Medicaid is a dominant theme.
Because natural disasters and winter storms are unpredictable, they can lead to unexpected costs and impacts on state and local budgets. This issue brief summarizes some of the issues to examine when trying to determine the costs of winter storms on state and local budgets.
This fact sheet on state debt, pensions and bankruptcy information was produced by eleven national organizations serving state officials.
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