April 2011, Volume 29, Issue 8

/ 29-8

State Government Finances in 2009

Typically, Reports ignores the annual Census Bureau report on state government finances, believing that a more complete understanding can be had by focusing on combined state and local finances. However, the release of the 2009 state finance series highlights the big changes that took place in response to the last recession, and the important role federal aid played in both state revenue and spending.

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