The federal funding grew by 5.1% for the 31 states that expanded Medicaid under the Affordable Care Act and by 3.5% for the 19 non-expansion states, NASBO
records these mid-year budget cuts in its Fall Fiscal Survey of the States.
But state budget officials and college leaders too often "talk past one another" in discussing state finances, NASBO
(12) The decline in state tax revenue, coupled with state balanced operating budget requirements, created what the National Association of State Budget Officers (NASBO
) characterized as "one of the worst time periods in state fiscal conditions since the Great Depression." (13) For example, even with an additional $120.3 billion in temporary federal assistance provided through P.L.
(2009), "Fiscal Year 2009: State Expenditure Report," National Association of State Budget Officers, www.nasbo.org
According to the National Association of State Budget Officers (NASBO
)--a professional membership association for state financial officers--the slumping state revenues will continue through this year, into 2011 and possibly 2012
We have adjusted total state tax revenue by type of tax by subtracting from actual receipts the legislated changes reported each year by the National Association of State Budget Officers (NASBO
A 2002 survey conducted by the National Association of State Budget Officers (NASBO
) confirmed that collection and reporting was typical among states, but incorporation into decision processes in a meaningful way was not.
EPA, Office of Water, February 2002); Environmental Council of the States (ECOS), State Environmental Innovations, 2000-2001 (Washington, DC: ECOS, 2001), retrieved 28 May 2002; http://www.ecos.org; National Association of State Budget Officers (NASBO
), "State Environmental Expenditures and Innovations" (Washington, DC: NASBO
, May 2000), retrieved 27 July 2001; www.nasbo.org/ Publications/infobriefs/enviro_expend2000.pdf.
The National Association of State Budget Officers (NASBO
) says that rainy day fund balances peaked in 2000 at 10 percent of expenditures.
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