WebJul 1, 2024 · After decades of historic mismanagement, Illinois is now grappling with $15 billion of unpaid bills and an unthinkable quarter-trillion dollars owed to public employees when they retire. The... Although Alaska’s balance is high, revenue has been lower and the state has pulled back on spending compared with earlier in the decade. Other states with the largest accumulated surpluses since fiscal 2004 were Wyoming (125.1 percent), North Dakota (122.1 percent), Utah (111.1 percent), and Montana (109.6 … See more States’ performance is analyzed from two perspectives: First, the 15-year lump sum of revenue relative to expenses, to uncover states’ ability to bring in sufficient funds to cover costs over the … See more Changes in the economy can move a state’s annual revenue and expenses out of balance, as can policy decisions such as tax or spending … See more CAFRs broaden the scope of financial reporting beyond state budgets to capture all funds under control of the state government, including revenue and spending from related … See more

The 10 Worst States for Fiscal Stability - WorldAtlas

WebApr 2, 2024 · In Georgia, policymakers approved a 10 percent cut for 2024, including a nearly $1 billion cut for K-12 public schools and cuts to programs for children and adults with developmental disabilities, among others. Maryland enacted $ 413 million in emergency spending cuts including large cuts to colleges and universities. WebDec 30, 2009 · Like California, Florida, and Nevada, Arizona is one of the states that was hit worst and earliest by the housing crisis. “The fiscal situation is dire,” state officials states in NCSL’s... restaurants in newfields nh

How Illinois became America

WebAug 4, 2024 · The problems were not evenly spread among states. Combined, Ohio and Illinois have more than 10 percent of all the institutions potentially facing trouble. WebJul 11, 2024 · The biggest drop came in Ohio after a 6.3 percent tax cut left the state with $1.1 billion less revenue in the latest fiscal year. Illinois has seen its revenues drop for two years straight after ... WebJan 12, 2012 · The housing markets in states such as Nevada, Illinois and Arizona -- all of which are on the list -- have been hit particularly hard. Home values in Nevada declined the largest amount in the country between 2006 and 2010. Home values in Arizona decreased the fifth-largest amount over that same period. provinciale handelsschool logo