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Recommended Fiscal Resources

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Winter 2023 State Budget Update

Despite an anticipated slowdown in revenue growth, most states remain in stable fiscal condition due to cautious budgeting and recent surpluses. These surpluses, combined with federal aid, have allowed states to build up rainy day funds and make one-time investments.
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States Adapt Tax Laws as Online Sales Surge

The U.S. Supreme Court decision that gave states the power to collect sales tax from online retailers has had a huge impact on state revenues and government services. Retail e-commerce sales are estimated to grow to $8 trillion in 2027.

State Legislatures News

FY 2025 State Budget Status

This page tracks the status of FY 2025 state budgets as they are passed by state legislatures and signed by governors.
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State Tax Reliance: The Tax Your State Depends on the Most

Since 2021, state budgets have been flush with cash due to federal relief funds distributed during the pandemic. These funds helped offset COVID-19 shutdown losses. However, as federal aid diminishes, states must now depend on their own revenue sources to sustain their budgets.
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