WebMay 5, 2024 · Legislature’s budget for next 2-year period ( fiscal biennium ), 2024–23: $31.2 billion. Governor’s proposed budget for next 2-year period, 2024–23: $30.8 billion. Budget for current 2-year period (2024–21): $30.7 billion. Contrary to recession-induced spending cut worries, the overall budget increased by 2 percent from the current ... WebJul 15, 2024 · The amount of the FY 2024 shortfall against projected revenues ($117.8 billion) is virtually identical with the shortfall for both fiscal years ($121.0 billion) compared to a baseline of actual FY 2024 collections. ... National Association of State Budget Officers, “Fiscal Survey of the States,” Spring 2024, 40, ...
Once worried about a budget shortfall, Alaska lawmakers face unexpected …
WebMar 5, 2024 · Revised shortfall estimates Moody’s Analytics now estimates that the pandemic-fueled fiscal shock to states will be about $148 billion over two years, down … WebSep 9, 2024 · The state of Georgia, for instance, has estimated a savings of US$20 million in its FY21 budget through reduced spending on rent, travel, training, and meetings due to increases in telework. 32 Similarly, the state of California is planning to expand telework for certain job classifications to reduce leased office space—and save money. 33 bowling alley fernley nv
Fiscal Survey of States - Nasbo
WebMar 1, 2024 · In April, the National Governors Association called on Congress to appropriate $500 billion “to meet the states’ budgetary shortfalls.” But the $500 billion of no-strings … WebApr 2, 2024 · The contrasting fiscal constraints of state and federal governments are on full display right now, as the federal government begins implementing a $2.2 trillion deficit-financed COVID-19 relief package while states must still find a way to balance their budgets as tax revenues decline and new needs arise. WebJan 22, 2024 · State and local governments face a $225 billion shortfall for the coming fiscal year, according to a study from the left-leaning Center for Budget and Policy priorities. gumballs cheap