Energy & Natural Resources

 

Fiscal issues related to the environment, agriculture and land management, state parks and natural resources. As promoting economic growth is a top priority for every state following the end of the recession, states will have to balance such growth while managing state natural resources in an efficient manner.

Staff Contact: Brian Sigritz

NASBO Publications

  • Enacted state budgets for fiscal 2016 represent a sixth consecutive year of spending and revenue growth, according to this report. Forty-three states enacted general fund spending increases for fiscal 2016, helping to bolster core services such as K-12 education and health care. Overall, state fiscal conditions continue to be stable, but growth remains modest and long-term spending pressures continue to increase, often faster than state revenues. Watch Webinar for an Overview of the Report
  • Highlights include:- In fiscal 2015, total state spending increased at its fastest rate since 1992, primarily due to growth in federal Medicaid funds resulting from the Affordable Care Act (ACA).- Spending from states’ own funds moderately grew in fiscal 2015, while federal funds to states rapidly increased due to the ACA.- Medicaid represented over half of all federal funds to states in fiscal 2015.- State revenue growth accelerated in fiscal 2015, although it was hampered somewhat by the decline in oil prices.
  • This report shows that state budgets are expected to continue on a path of stable, moderate growth, with 42 governors recommending spending increases for fiscal 2016. However, progress is slow, and structural issues and long-term spending pressures will require difficult budget choices for many states. States’ spending proposals continue to be cautious as they plan for limited revenue growth.