The trend of increased state revenues has resulted in a level of financial flexibility not seen in the sector over the past five years, and is helping many states restore structural budgetary balance and begin to rebuild reserves. In addition to the tax-reduction measures, this revenue growth has also led to new funding initiatives for education, transportation, infrastructure, and other areas that had been restrained from 2001-2004.
More Quotes from Robin Prunty:
States are in much better financial conditions than several years ago.Robin Prunty
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