Archives: State Budgets / Articles
Archives: State Budgets / Articles (page 17)
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Drop in ALEC Ranking Due to Spending, Not Tax Cuts
In the recently released ninth-annual “Rich States, Poor States” report, many states saw their rankings move considerably. Among them was Kansas, which fell from its 2015 economic…
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Why The Left And Others Fear Fundamental State Tax Reform
The 2016 election cycle is in full swing, and so is the campaign to scare citizens and policymakers away from honest examination of tax reform ideas across the states. According…
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Special Williams Report: Bob’s Recommended Budget Savings Strategies for 2015
There is an urgent need to switch from the current input based budget system which takes the current budget and adds caseload increases, an inflation factor and some new programs and considers that the base budget or current level budget.
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Federal Aid to States Dips Slightly, But Remains High
Money from the federal government still generates over 30% of the general revenue in the majority of states, according to numbers recently released by the Census Bureau in its Annual Survey of State Government Finances.
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States with Budget Surpluses May Not Really Be In the Black
The end of the fiscal year on June 30 has led to pleasant surprises or harsh realities for state officials.
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Increased Federal Aid to States Is a Long Term Trend
States receiving money from the federal government is unsurprising, but what is shocking is the states’ increased reliance on money from Washington, D.C. in the past decade.
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Moody’s Report Shows States’ Failure to Recognize Scope of Broken Promises
Last year, Moody's Investors Services announced it would begin adjusting officially reported unfunded public pension liabilities before considering their impact on state and local bond ratings.
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New Figures Reveal Amount of Federal Aid to States in 2012
Data released from the Census Bureau reveals that all 50 states rely on the federal government to support large percentages of the state's general budget.
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State Budget Solutions’ Fourth Annual State Debt Report
State Budget Solutions' (SBS) fourth annual State Debt Study reveals that state governments face a combined $5.1 trillion in debt.
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The Worst State Budget Gimmicks of 2013
State Budget Solutions has been keeping an eye on the bag of tricks employed by legislators and other budget officials. These budget gimmicks hide the true cost of government and set up states for fiscal calamity down the road.
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Another Reason States Should Be Wary of Medicaid Expansion
Missouri may be paying less for its Medicaid program next year, but it's for all the wrong reasons... maybe.
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Keeping a Federal Education Grant May Require Spending Even More Money
South Dakota's education system and budget officials are learning that the federal government's involvement in local issues does not pay off - literally or figuratively.
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Budget Gimmicks Update, October 2013
State officials have a deep bag of tricks to "solve" budget gaps. In reality, these gimmicks result in state budget that appear at first glance to be balanced, but looking past the smoke and mirrors reveals that they are very unbalanced.
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Medicaid Expansion Is the Price to Shift the Balance of Federalism
The debate over Medicaid expansion is as much about federalism and the issue of state control as it is about money-because these are ultimately one in the same.
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Medicaid Expansion: The Wrong Prescription for Virginia
Medicaid has fallen short of delivering proper health care to low income residents, and other expansions of Medicaid, done in a similar fashion to what is provided in the ACA, have fallen short of delivering the promised cost reductions.
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Hey Chicago, Whattya Say? Chapter 9 On the Way?
When Detroit filed for Chapter 9 municipal bankruptcy, observers offered many reasons for the city’s dire fiscal condition. A very narrow discussion just about Detroit’s condition fails to tell the the truth that approximately 100 cities across America face profound fiscal challenges very similar in scope—even with more diverse economies and steadier population. In fact, Chicago is one of those cities.
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Public Universities Lose Their Value as Costs Increase
The latest college rankings are out and public universities continue to be an important part of the conversation, even if their traditional "value" has decreased.
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Federal Sequestration Turns Into State Budget Cuts
As the federal government continues to make cuts due to sequestration, several states will find that a major revenue source is quickly drying up.
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Municipal Bankruptcy: An Overview for Local Officials
Cities and other municipalities falling on hard financial times is nothing new, but it is rare that any such entity files for bankruptcy as a way of addressing its massive debts.
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Federal Aid to the States 2008-2011
As the U.S. debt clock nears $16.5 trillion, shortfalls and deficits are the talk of the 2013 fiscal year. Not only does the deficit affect the federal government, but it affects state governments as well.