state budget

state budget

2008 Budget Processes in the States

Budget Processes in the States, Summer 2008

Budget Processes in the States highlights key budget issues, demonstrating the diversity in state budgeting practices. The budget process is the arena in which a state determines public priorities by allocating financial resources among competing claims. The report chapters are organized around particular topical areas: the budget cycle, budget requirements, budgeting tools, the budget document, and monitoring the budget. Data for this report were collected from the fifty states during fiscal 2008.

About NASBO – Advancing State Budget Practices

NASBO advances state budget practices through research, policy analysis, education, and knowledge sharing among its members.

For over 60 years, the National Association of State Budget Officers (NASBO) has been the professional membership organization for state budget and finance officers. As the chief financial advisors to our nation’s governors, NASBO members are influential decision makers in state government. They guide their states in analysis of budget options and formation of sound public policy.

September: State Budget Uncertainty

September 19, 2011

This September, state officials are again facing an uncertain fiscal future.  There are concerns about the economy and whether state revenues will meet expectations.   This is noticeably different than the cautious optimism exhibited this spring when revenue collections were improving and, despite tough budget choices resulting from the end of the Recovery Act funds, state finances were at least beginning to head in the right direction.  After experiencing huge budget shortfalls during much of the fiscal 2009-2011 period, state tax revenue was beginning to come in higher

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