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Bank:Federal Reserve Bank of Boston  Series:Fiscal Facts 

Journal Article
Six-state review

New England states are facing their worst fiscal crises in at least a decade. General revenues, especially those from the personal income tax, fell sharply in every New England state except New Hampshire in FY2002. All six states closed the fiscal year with deficits. Although preliminary reports suggest that FY2003 revenue collections in some states may be up from last year, deficits are still expected throughout the region. In response, all six states are cutting expenditures, drawing down reserve accounts, and/or raising taxes and fees.
Fiscal Facts , Issue Fall , Pages 5-7

Journal Article
Across the region: six-state review

Fiscal Facts , Issue Sum , Pages 6-11

Journal Article
Six-state review

It appears that most New England states can look forward to a year in which revenues may equal or exceed budgeted levels.
Fiscal Facts , Issue Win , Pages 6-8

Journal Article
Across the region: six-state review

Despite a markedly improved outlook for state finances, New Englands states still face significant fiscal pressures moving forward into the current and next fiscal years. Prominent among these challenges are two changes to the Medicaid and Medicare programs that could significantly increase state health care costs.
Fiscal Facts , Issue Win , Pages 6-10

Journal Article
New England has relied heavily on vulnerable Medicaid financing arrangements

Fiscal Facts , Issue Win , Pages 1-3, 8

Journal Article
How will New Hampshire solve its school funding problem? part 2 of 3

Ever since the New Hampshire Supreme Court decided in Claremont II that the local property tax used to fund K-12 public education was unconstitutional, policymakers have struggled to find a permanent solution to the school finance problem. In 1999, the legislature enacted an interim funding plan centered around a temporary statewide property tax. The price tag of providing New Hampshire students with an "adequate" education was set at $825 million in spending, but the funding plan raised revenues of only about $725 million. Thus, lawmakers were aware that they would have to revisit the ...
Fiscal Facts , Issue Fall , Pages 1-5

Journal Article
Are state government debt levels too high?

Fiscal Facts , Issue Fall , Pages 1-3

Journal Article
New TANF block grants: more funds now, but enough in hard times?

Fiscal Facts , Issue Win

Journal Article
How will future aid cuts affect New England's public sector?

Fiscal Facts , Issue Spr

Journal Article
State gambling revenues: are legislators becoming addicted?

Fiscal Facts , Issue Sum

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