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By Todd Haggerty

NCSL's "State Budget Update: Spring 2014," provides a snapshot of recent state fiscal conditions.

The outlook for state budgets is stable entering the final months of fiscal year 2014, the report found.

Revenue performance is positive, and expenditure overruns are relatively modest. Overall, most state officials anticipate a slow and steady improvement in state finances through the remainder of the fiscal year.

Even with the overall positive assessment of state fiscal conditions, lawmakers continue to face numerous budget challenges. Officials are concerned about sluggish revenue growth, rebuilding budget reserves and long-term spending trends—especially for K-12 education and health care.

Todd Haggerty is a policy specialist in NCSL's Fiscal Affairs Program.

Email Todd.

 

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About the NCSL Blog

This blog offers updates on the National Conference of State Legislatures' research and training, the latest on federalism and the state legislative institution, and posts about state legislators and legislative staff. The blog is edited by NCSL staff and written primarily by NCSL's experts on public policy and the state legislative institution.

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