fiscal conditions

fiscal conditions

Improving Postsecondary Education Through the Budget Process: Challenges & Opportunities

NASBO higher education report cover

This National Association of State Budget Officers (NASBO) report, supported by a grant from the Bill & Melinda Gates Foundation, presents both the current landscape of state higher education finance and opportunities for improving it—from the perspective of state budget officers.

The report, Improving Postsecondary Education Through the Budget Process: Challenges & Opportunities, discusses:

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.

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Issue Brief: Remote Sales Tax Collection - Congress to Examine Different Proposals

December 28, 2011

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. After years of inaction on the issue, Congress now has three similar, though importantly distinct legislative proposals under consideration in both the House and Senate that would require out-of-state retailers to collect and remit sales taxes.

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.