Delaware Economic Council: Revenues in 2005 Will Be Better Than Expected
- A Nice Problem: Is the Economy Too Hot? Kelemen, Jasmina // Bond Buyer;3/21/2005, Vol. 351 Issue 32094, Special section p74
Reports that state officials of Hawaii has eradicated its expected shortfalls and set the state for projected revenue growth as far out as 2011, as the state's economy rebounded over the past years. Percentage of increase expected by the officials from the state's general fund reserves; Impact...
- Betterign Economy Eases State Budget Woes For Now. Darmiento, Laurence // Orange County Business Journal;9/20/2004, Vol. 27 Issue 38, p6
Reports that an improvement in California's economy has eased the state's budget problems. Move by two Wall Street ratings agencies to raise the state's bond ratings; Total revenue that the state has raised since the start of the fiscal year on July 1, 2004; Forecast for the entire 2004 fiscal year.
- After Biting the Bullet on Pension Contributions, It's Time to Study. Scarchilli, Michael // Bond Buyer;3/30/2006, Vol. 355 Issue 32350, Special section p15
The article provides an overview of the fiscal condition of Massachusetts. With an increase in reserves and pension fund, the state is planning to reduce taxes and boost the funding for local government programs. An analysis of the state's budget stabilization fund is made by Moody's Investors...
- Survey Finds State Budgets Grim. McNeil, Michele // Education Week;2/11/2009, Vol. 28 Issue 21, p4
This article reports that, collectively, U.S. states are facing a $50 billion budget gap. The situation will most likely be worse in 2010 when 34 states will have a total $84 billion shortfall. Education spending is one area where cuts are expected. California, Nevada and Arizona are three of...
- WASHINGTON: GOP Senator Sees $7B Gap. Ward, Andrew // Bond Buyer;1/9/2009, Vol. 367 Issue 33038, p9
The article reports on the forecast of Senator Joseph Zarelli on the budget gap for 2009 in Washington. Zarelli noted that the budget gap may soon reach $7 billion. On the other hand, Democratic Governor Christine Gregoire estimated a $5.7 billion gap. The gap is the difference between the...
- Calif. Gap May Be Only $26 Billion. Finestone, Deborah // Bond Buyer;1/16/2003, Vol. 343 Issue 31554, p1
Cites a report by California Legislative Analysts Office on estimates of state budget deficit for fiscal year 2003-2004. Proposed measures to bridge the fiscal deficit; Reasons for discrepencies in various revenue estimates; Allocations for different programs and services in the budget.
- More Bad News. Albanese, Elizabeth // Bond Buyer;4/9/2002, Vol. 340 Issue 31361, p28
Focuses on the revised financial budget forecast of Arkansas as of March 2002. Concerns over shortfall in the current fiscal year; Refusal of Governor Mike Huckabee to call a legislative session to deal with budget deficit; Effects of the September 11 terrorist attacks on the state budget.
- State Revenues Picking Up, NCSL Says. Vadum, Matthew // Bond Buyer;11/24/2003, Vol. 346 Issue 31768, p5
Reports on the increase of the state tax revenues with the recovery of the national economy in the U.S. as of 2003. Comparative number of states facing budget gaps in 2002 and 2003; Annual growth increase of gross domestic products; Prevalence of states with a stable revenue outlook.
- INDIANA: Tighten Those Projections. Devitt, Caitlin // Bond Buyer;10/14/2009, Vol. 370 Issue 33199, p9
The article reports on the call of Governor Mitch Daniels for another round of budget cuts as reports showed low revenue collection forecast in Indiana. Daniels said that he wanted the state's economic forecasting firm to review its models as revenue predictions were below for the three straight...