This 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.
Last week, the American Association of State Highway and Transportation Officials reported that state transportation departments have until January 6 to apply for a number of discretionary grant programs offered by the Federal Highway Administration (FHWA). Currently, Congress has authorized FHWA to fund these grant programs until March 31, although if the programs are extended for the remainder of FY 2012, the administration intends to subsequently award additional program funds based upon state responses. Programs include the
State fiscal conditions in fiscal 2011 are somewhat improved when compared to the difficult fiscal environment that states faced in fiscal 2009 and fiscal 2010. This coincides with the economic recovery occurring nationally. However, states face numerous fiscal challenges as they enter fiscal 2012 including the withdrawal of significant funding that was provided through the American Recovery and Reinvestment Act of 2009 (ARRA).
Center for Budget and Policy Priorities
Dress for the meeting is business casual. Meeting room temperatures can vary so you may want to bring a light sweater or jacket.
A light jacket is recommended for the evenings. Chicago is located in the Central time zone, 1 hour behind Eastern Standard Time. Average temperatures in August range from a high of 82⁰ to a low of 66⁰ degress.
Sheraton Chicago Hotel & Towers
301 East North Water Street
Chicago, Illinois 60601
(312) 464-1000
You can reserve your room(s) by calling (800) 325-3535. NASBO has confirmed a per diem rate of $155 single or double occupancy (plus 16.4% tax). Follow these steps in order to get this group rate:
Included in the registration fee are the following meals: dinner on Thursday, breakfast and lunch on Friday, and breakfast on Saturday. All other meals are on your own.
| 4:30 p.m. – 5:00 p.m. |
CHECK-IN |
The registration fee for members (all state budget office employees) is $350. The non-member registration fee for non-profit/other state/federal government participants is $450. Class size is limited to the first 50 participants. Registration will close on August 1.
| Title | Size | ||
| 2005 Spring Fiscal Survey of States | 212.53 KB | Download | |
| 2005 Fall Fiscal Survey of States |
The National Association of State Budget Officers