Tag: State Budgets

Tag: State Budgets

  • The Williams Report: November 2018 image

    The Williams Report: November 2018

    BUDGET Indiana: Hoosiers Will Vote “Yes” or “No” on Balanced Budget Amendment Indiana voters will decide this November whether or not state legislators must pass a balanced …

  • Invasion of the Budget Snatchers: The Looming State Financial Crisis image

    Invasion of the Budget Snatchers: The Looming State Financial Crisis

    Like the beginning of a horror movie, the end of a budget process is often bright with people smiling, shaking hands, and congratulating themselves on passing a balanced budget. But …

  • The Williams Report: October 2018, Part 2 image

    The Williams Report: October 2018, Part 2

    BUDGET: Arkansas: Hearings on State’s Budget to Get Going As budget hearings begin, Arkansas legislators will learn the details of programmatic and state agency funding needs, and what Governor …

  • The Williams Report: October 2018 image

    The Williams Report: October 2018

    BUDGET: Alaska: New State Budget Report Predicts State Savings Accounts Will Be Empty by 2021 Alaska’s persistent funding crisis continues as the state is forced to underfund entitlements and …

  • 1.1 Trillion Reasons to Remember State and Local Bond Obligations image

    1.1 Trillion Reasons to Remember State and Local Bond Obligations

    Note: This Article Originally Appeared in The Hill. We can all agree that we want our states and cities to avoid the painful lessons collectively learned from the recent …

  • The Williams Report, September 2018 image

    The Williams Report, September 2018

    Budget: Connecticut: Small Surplus Projected with Current Budget Two months into Connecticut’s fiscal year, the state’s budget chief is projecting a nearly $138 million operating surplus, driven …

  • The Pension Crisis is not a Black Swan Event image

    The Pension Crisis is not a Black Swan Event

    Close your eyes and envision a swan. What color is it? Most likely, it is a white swan. Because most of us go our entire lives coming across only white …

  • State Bonded Obligations, 2018 image

    State Bonded Obligations, 2018

    States issue a diverse array of bonded obligations, with a range of obligation strength, revenue sources, debt service schedules, and other factors. This study collects and analyzes the bonded obligations …

  • The Williams Report, August 2018 image

    The Williams Report, August 2018

    Budget: Illinois: State Admits to Billion-Dollar Budget Hole The Rauner Administration acknowledged a $1.2 billion structural deficit in an offer to sell $920 million in state bonds.

  • Unaccountable, Unaffordable 2017 image

    Unaccountable, Unaffordable 2017

    Unaffordable and Unaccountable 2017 surveys the more than 280 state-administered public pension plans, detailing their assets and liabilities. The unfunded liabilities (the amount by which the present value of liabilities …

  • The Williams Report image

    The Williams Report

    Budget Alabama: Alabama’s general fund ended the year with $34 million more dollars than expected, but in the eyes of many politicians it is as good as …

  • Distinguishing Myth from Reality: The Kansas Tax Reform Effort image

    Distinguishing Myth from Reality: The Kansas Tax Reform Effort

    Tax policy changes in Kansas have received more media attention than any other state-level fiscal reforms in recent memory – even though many successful pro-growth tax reforms took place in …

  • Oregon Triggered by Poor Tax Policy image

    Oregon Triggered by Poor Tax Policy

    Oregon taxpayers will receive $464 million worth of their income tax payments back as refundable credits on their 2018 returns, despite the initial $1.8 …

  • Alexion, General Electric, Aetna and Others Are Leaving Connecticut for a Reason image

    Alexion, General Electric, Aetna and Others Are Leaving Connecticut for a Reason

    The Connecticut legislature moved to raise taxes by about $1.5 billion dollars[i] through new and higher taxes on cell phones, Uber rides, hospitals, hotels and second properties last …