Fiscal Survey of States




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With data gathered from all 50 state budget offices, this semi-annual report provides:

  • Narrative analysis of the fiscal condition of the States
  • Data summaries of state general fund revenues, expenditures, and balances

The spring edition details governors’ proposed budgets; the fall edition details enacted budgets.

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  • 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.

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  • 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.

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