Deep Holes, Few Options

February 2011
State Legislatures;Feb2011, Vol. 37 Issue 2, p18
The article presents a discussion on the 2011 budget. While budget gaps have ballooned due to sharp declines in revenue, Fiscal year (FY) 2011 revenues is expected to exceed that of 2010. The positive trend is reportedly overshadowed by the end of federal stimulus money that was included in the American Recovery and Reinvestment Act of 2009 (ARRA) as well as rising expenses.


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