State Government Fiscal Stress and Federal Assistance

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By Robert Jay Dilger (au)
Year: 2012
Pages: 33
Binding Paperback
ISBN 978-1-4578-4182-8

Product Code: 1457841827

Description

This report examines the current status of state fiscal conditions and the role of federal assistance in state budgets. It begins with a brief overview of state budgeting procedures and then provides budgetary data comparing state fiscal conditions in FY2008 to FY2011. The data indicate that (1) states reduced their general fund budgets from FY2008 to FY2011, but, because they received increased federal funding, increased their total amount of spending; (2) the share of total state expenditures held by the statesäó» four operating expenditures budgets (general fund, federal funds, other state funds, and bonds) shifted from FY2008 to FY2011, with an increased reliance on federal funds; and (3) states experienced varying levels of fiscal stress from FY2008 to FY2011. This report concludes with an assessment of the consequences current levels of state fiscal stress may have for the 113th Congress. Tables and figures. This is a print on demand report.

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