The National Association of State Budget Officers2013 Local Economic Conditions Survey
National League of Cities
Publication date:
April 2013
National League of Cities
fiscal conditions
fiscal conditions
Podcast on Fiscal 2014 Budget Proposals and Trends
statescoop
Brian Sigritz discusses trends in spending and revenue growth and what impact these, and sequestration, have on healthcare, transportation and education.
Budget Blog: The Impact of Federal “Crisis Budgeting” and Uncertainty on States
Executive Director Testifies Before Congress
The Impact of Federal “Crisis Budgeting” and Uncertainty on States
March 13, 2013
Today I am testifying before Congress on behalf of the states’ budget officers raising our concerns about the impact of federal uncertainty. Years of short-term federal budgeting through continuing resolutions (CRs) and crises like the fiscal cliff cost money and make it difficult for programs to reach their goals’ full potential. You can read my full testimony here.
Outlook for Sequestration
January 31, 2013
With the sequester date set for March 1st, there is still some uncertainty as to what further actions – if any – Congress will take regarding the process of sequestration. At this time, most DC insiders are assuming that Congress will allow the automatic budget cuts to take effect March 1.
State Expenditure Report (Fiscal 2010-2012 Data)
The latest edition of NASBO’s State Expenditure Report finds that the recent improvement in the national economy has not translated to strong growth in total state spending. This is largely due to the fact that state revenues have not increased as fast as Recovery Act funds have declined, leading to a unique situation in which total state expenditure growth has slowed during the same time that the national economy has been improving.
Fiscal Survey of States, Fall 2012
State fiscal conditions in fiscal 2013 are modestly recovering in step with the slowly improving national economy. General fund spending levels are expected to increase by 2.2 percent this fiscal year, which is less than half their historical average growth rate. Signs of budget volatility have subsided compared to the years immediately following the recession, and fiscal conditions in most states reflect continued fiscal stability.
The Fiscal Cliff: Some Basics
November 9, 2012
Since Election Day, there has been a lot of media coverage about the so-called "fiscal cliff," and state budget officers, like many others, are closely watching Congress and the Administration to see what will happen and how it will affect states. The "fiscal cliff" includes a number of tax and spending policies set to take effect under current law, including:
Fiscal Survey of States, Spring 2012
State fiscal conditions are continuing to improve into fiscal 2013, although many state budgets are not fully back to prerecession levels. This report finds that governors’ recommended budgets show an overall increase in both general fund expenditures and revenues in fiscal 2013. Fiscal trends indicate that while
Unending Tough Budget Choices: What to do with the “Small Things”?
February 13, 2012
Last summer out west I saw a state park on the map and decided to drive out and hike there, only to arrive and find it was closed. While state parks make up less than one percent of most state budgets, their treatment in budgets is symbolic of the very tough decisions state officials will have to make as they continue to develop their state budgets this year. As state monies increasingly go to large parts of the state budget like K-12 education and health care, state officials have to decide how to deal with the smaller discretionary parts of their budgets.