Transcription of State Balanced Budget Provisions 2010 updated …
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national conference of State legislatures NCSL FISCAL BRIEF: STAT E Balanced Budget Provisions October 2010 Balancing the Budget is widely considered to be the foundation of State fiscal practices. Keeping a Budget Balanced in times of fiscal stress, however, can be an overwhelming challenge for policymakers. This report reviews the meaning of a State Balanced Budget and identifies the statutory and constitutional Provisions that various authorities State legislative fiscal officers, executive Budget officers and academics identify as the requirements that apply. Besides being a major concern in State policy and politics, State Balanced budgets are also a subject for academic analysis.
State Balanced Budget Provisions 2 National Conference of State Legislatures So, what does it mean if a state must balance only the operating budget?
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