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Diane Publishing Books
Budgeting for Emergencies: State Practices & Federal Implications
Paul L. Posner. States are not usually exposed to demands for large funding increases as a result of natural or man-made disasters since the federal government usually covers most of these costs. However, states face other kinds of budget uncertainty & unexpected demands on state funds. Most states have experienced robust economic conditions for several years, & have built up their reserves in preparation for unexpected budget pressures. This report provides information on state experiences with reserve funds for emergency & state practices that could be instructive in the federal emergency spending debate. Charts & tables.
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