Weekly Review
Forward the Weekly Review using the
forward link at the bottom of the
page!
April 21, 2009
|
|
| |
|
|
| |
From the Capitol
|
|
State Budget
|
What Are States Doing to Balance
Their Budgets?
The National Conference of State
Legislatures (NCSL) has released the
report State Budget Gaps: FY 2009 &
FY 2010.
The report shows half of the states
are projecting a cumulative
shortfall of $84.3 billion for FY
2010, a gap likely to grow as more
states assemble revenue and
expenditure forecasts for the coming
fiscal period. The state fiscal
situation is rapidly deteriorating
and the figures for fiscal year FY
2009 and FY 2010 have moved from
sobering to distressing.
NCSL's new report, "Update on State
Budget Gaps: FY 2009 & FY 2010,"
provides the latest information on
the state fiscal situation. It
includes information from all 50
states and Puerto Rico and is based
on data collected from legislative
fiscal directors in January 2009.
As bad as they are, these gaps could
pale in comparison to what looms
ahead. The current recession is
already 15 months old and is on
track to be the second longest
business cycle downturn since
1933. Because state fiscal recovery
tends to lag the end of a recession,
states could be facing budget
problems for some time.
NCSL has compiled a series of tables
that document the measures, both
proposed and enacted, that states
are taking to close their budget
gaps. It is based on data collected
from various media and government
outlets. States are taking a variety
of approaches to close their budget
gaps and the approaches include both
cutting budgets and generating new
revenues.
Click here to view an
interactive map of FY 2009 and FY
2010 projected budget gap, personal
and corporate income tax and sales
tax performance for all the states.
Click here to read the full report.
Click hereto view measures
states across the country are taking
to close their budget gaps.
You can also compare other states to
Illinois. Measures states have
proposed or enacted are listed
below.
Across The Board Budget Cuts &
Other Cuts of Note
- Across the Board
- Other Miscellaneous Cuts
- Criminal Justice
- Corrections
- Courts
- Education
- K-12 Education
- Higher Education
Employee Actions
- Layoffs
- Furloughs
- Hiring Freeze
- Salary Freeze
- Early Retirement
- Travel Ban
- Benefits Change
- Health Care
Medicaid
Tapped Rainy Day Funds or Other
Funds
- Rainy Day Funds
- Other Funds
Other Actions
- Delayed Capital Projects
- Purchase Freeze
- Agency Consolidation
- Other
Revenue
Motor Fuel and Vehicle
Taxes/Fees
- Motor Fuel
- Rental Cars
- Vehicle Registration
- Other Vehicle-Related
Taxes/Fees
Sales, Corporate Income and
Personal Income Taxes
- Sales
- Corporate Income
- Personal Income
Selective Taxes
Other Revenue Actions,
Taxes/Fees
NCSL is the bipartisan organization
that serves the legislators and
staffs of the states, commonwealths
and territories. It provides
research, technical assistance and
opportunities for policymakers to
exchange ideas on the most pressing
state issues and is an effective and
respected advocate for the interests
of the states in the American
federal system.
Visit NCSL's website here
|
Calendar
|
WHAT:
Rally for the Common Good
WHEN:
May
6, 2009
WHERE:
Capital Rotunda - Springfield 1:00pm
to 3:30 pm
INFO:
If
you or your organization would like
to participate please fill out
a form here and submit to
Jennifer DeLeon at stephen.taylor@lssi.org
or fax (847-635-6764) before Friday,
Apr. 3rd
WHAT: Dupage Federation on
Human Services Reform, Making the
Connection: Accessing Public
Benefits for Low Income Persons
WHEN:
October 1, 8, 15, 22, 29
February 18, 25
March 4, 11, 18
June 3, 10, 17, 24
July 1
WHERE: All trainings held at
NIU Naperville, 1120 Diehl Road,
Naperville, IL
INFO: Making the Connection
training sessions contain
information in an easy-to-understand
format regarding many programs
available to assist low income
persons.
Individuals who register for a
Making the Connection training
session now receive membership
access to the Federation's newly
developed Making the Connection
Illinois website, www.mtcil.org.
To register and for more information
please visit
www.dupagefederation.org.
|
|
|
Do you have something to add
to the Weekly Review?
email Chrissy Mancini @
cmancini@ctbaonline.org
___________________________________________________________________________
Center for Tax and Budget
Accountability
70 East Lake Street, Suite
1700
Chicago, IL 60601
312-332-1041
www.ctbaonline.org
|
|
|
|
|
