National Association of State Budget Officers

National Association of State Budget Officers NASBO serves as the professional membership organization for state finance officers. Follow NASBO on Twitter at http://twitter.com/NASBO/ For over 60 years, the National Association of State Budget Officers (NASBO) has been the professional membership organization for state budget and finance officers.

As the chief financial advisors to our nation’s governors, NASBO members are influential decision makers in state government. They guide their states in analysis of budget options and formation of sound public policy.

As the chief financial advisors to our nation’s governors, NASBO members are influential decision makers in state government. They guide their states in analysis of budget options and formation of sound public policy.

Operating as usual

States have begun to detail plans for ARPA funds, and Brian Sigritz discusses how officials are looking to make investme...
05/05/2021
States have billions of dollars from the American Rescue Plan. Now they have to spend it

States have begun to detail plans for ARPA funds, and Brian Sigritz discusses how officials are looking to make investments to improve the condition of the state moving forward.

https://www.google.com/amp/s/amp.northjersey.com/amp/7398418002

Some states will use their share to fill budget holes caused by COVID's economic shutdown, and others are spending on initiatives to bring equity to people of color.

04/20/2021

We've made some updates to our #COVID19 Federal Guidance resource page - with links to FAQs, guidance docs, and grant allocations from federal agencies related to the six #COVID19 bills. ow.ly/x2V450zh7MQ

03/19/2021

When describing current state conditions, the most common response from governors was the state of the state is resilient. Read NASBO report on State of the State addresses. https://bit.ly/3eZMuKS

03/19/2021

46 governors have given a State of the State speech detailing the condition of their state. Updated NASBO report contains an overview of addresses, along with state-by state summaries. https://bit.ly/3eZMuKS

Governors in 22 states have released a budget proposal for FY22. Check our page for links to recommended budgets http://...
01/14/2021

Governors in 22 states have released a budget proposal for FY22. Check our page for links to recommended budgets http://ow.ly/zK7D50D8uh2

01/08/2021

We're tracking governors' state of the state speeches. Follow us for speech dates and links. http://bit.ly/2B3F3gP

Read more about states’ enacted budgets for FY 2021 and the early impacts of COVID-19 on state fiscal conditions in a su...
12/23/2020

Read more about states’ enacted budgets for FY 2021 and the early impacts of COVID-19 on state fiscal conditions in a summary of our Fall 2020 Fiscal Survey report. https://bit.ly/3pgrod6

New report shows enacted general fund spending for FY 2021 came in 5.5% below governors’ (pre-COVID) budget recommendati...
12/23/2020

New report shows enacted general fund spending for FY 2021 came in 5.5% below governors’ (pre-COVID) budget recommendations. http://bit.ly/2PPYwZ1

In response to weakening revenue projections due to the pandemic, states had to quickly and considerably adjust their FY...
12/23/2020

In response to weakening revenue projections due to the pandemic, states had to quickly and considerably adjust their FY 2021 budgets compared to what governors proposed http://bit.ly/2PPYwZ1

According to the report, states saw general fund revenue decline for the first time since the Great Recession in FY 2020...
12/23/2020

According to the report, states saw general fund revenue decline for the first time since the Great Recession in FY 2020, with steeper declines expected in FY 2021 bit.ly/2PPYwZ1

Latest report highlights states’ enacted budgets for FY 2021, discusses early fiscal impacts of COVID-19, and provides 5...
12/23/2020

Latest report highlights states’ enacted budgets for FY 2021, discusses early fiscal impacts of COVID-19, and provides 50-state data on spending, revenues, and balances. bit.ly/2PPYwZ1

Read our newly released 2020 State Expenditure Report highlighting total spending (including state & federal funds) for ...
11/20/2020

Read our newly released 2020 State Expenditure Report highlighting total spending (including state & federal funds) for estimated fiscal 2020 along with updated fiscal 2019 and 2018 data. http://bit.ly/2O7wHf5

Stacey Mazer notes that growing Medicaid enrollment puts pressure on state budgets and increased federal funding is tied...
10/15/2020
States seek more federal funds as Medicaid enrollment grows - Roll Call

Stacey Mazer notes that growing Medicaid enrollment puts pressure on state budgets and increased federal funding is tied to the public health emergency; not knowing when that might end creates “huge budget uncertainty”. https://www.rollcall.com/2020/10/15/states-seek-more-federal-funds-as-medicaid-enrollment-grows/

Record unemployment levels have shifted individuals from employer-sponsored or other coverage to Medicaid, the nation’s program for low-income individuals.

States generally try not to use their rainy day funds all at once, and some states have policies restricting how much ca...
10/14/2020
The Draining of State Rainy Day Funds

States generally try not to use their rainy day funds all at once, and some states have policies restricting how much can be withdrawn from their fund in one fiscal year, says Kathryn White. https://www.route-fifty.com/finance/2020/10/draining-state-rainy-day-funds/169194/

COMMENTARY | At least 10 states have already tapped their emergency reserves, even as budget experts expect the worst revenue declines caused by the coronavirus pandemic to come in the months and years ahead.

States saw declines in general fund revenues for the first time since the Great Recession. New blog explains why the sta...
09/09/2020

States saw declines in general fund revenues for the first time since the Great Recession. New blog explains why the state revenue impact of #COVID19 is expected to worsen in fiscal 2021 and beyond.

Facing more severe revenue losses ahead, many governors and their administrations have directed agencies to develop budget reduction plans of as much as 15 or 20 percent for fiscal 2021 and/or fiscal 2022. bit.ly/33aK9W1

08/12/2020

Thank you to our speakers and sponsors who helped to make our 1st Virtual Annual Meeting a success. #NASBO20

Betlach asked states to consider six strategies to improve outcomes & lower costs since Medicaid is still the most criti...
08/12/2020

Betlach asked states to consider six strategies to improve outcomes & lower costs since Medicaid is still the most critical program that can drive change in a state healthcare system. #NASBO20

Medicaid cut options are limited with maintenance-of-effort requirements under the enhanced FMAP according to Tom Betlac...
08/12/2020

Medicaid cut options are limited with maintenance-of-effort requirements under the enhanced FMAP according to Tom Betlach. #NASBO20

Betlach says there is federal policy uncertainty regarding when the enhanced FMAP will end & when the Medicaid Fiscal Ac...
08/12/2020

Betlach says there is federal policy uncertainty regarding when the enhanced FMAP will end & when the Medicaid Fiscal Accountability rule will come out & what it will look like. #NASBO20

Former AZ Medicaid Director Tom Betlach says a pandemic with a recession is unprecedented & historically health care has...
08/12/2020

Former AZ Medicaid Director Tom Betlach says a pandemic with a recession is unprecedented & historically health care has been sheltered during recessions from significant job losses. #NASBO20

Robin Rudowitz questions what additional support states need for Medicaid providers, services, and coverage during the p...
08/12/2020

Robin Rudowitz questions what additional support states need for Medicaid providers, services, and coverage during the pandemic and beyond. Will states be able to sustain current efforts without additional federal support? #NASBO20

KFF estimates there could be 16.8 million individuals newly eligible for Medicaid due to loss of employer covered insura...
08/12/2020

KFF estimates there could be 16.8 million individuals newly eligible for Medicaid due to loss of employer covered insurance by January 2021. #NASBO20

Robin Rudowitz with KFF says state costs for Medicaid are expected to go up as Medicaid enrollment increases; at the sam...
08/12/2020

Robin Rudowitz with KFF says state costs for Medicaid are expected to go up as Medicaid enrollment increases; at the same time state revenues are declining. #NASBO20

Our final virtual Annual Meeting session today will talk about the impact of #COVID19 on Medicaid and other health care ...
08/12/2020

Our final virtual Annual Meeting session today will talk about the impact of #COVID19 on Medicaid and other health care issues. Robin Rudowitz with KFF & former AZ Medicaid Director Tom Betlach will present. #NASBO20

Brian Sigritz of NASBO notes that states have been wary of using all their reserves this year out of concern that next y...
08/12/2020
Coronavirus-Hit State Budgets Create a Drag on U.S. Recovery

Brian Sigritz of NASBO notes that states have been wary of using all their reserves this year out of concern that next year could be worse, and hurricanes, earthquakes or other natural disasters could strike at any moment. https://www.wsj.com/articles/coronavirus-hit-state-budgets-create-a-drag-on-u-s-recovery-11597224600

Spending cuts by state and local governments grappling with the coronavirus pandemic pose a headwind to the U.S. economic recovery as lawmakers consider how much federal aid to provide.

In interview with NBC News Shelby Kerns says "most states will have a difficult time paying a share of the enhanced bene...
08/11/2020
Trump wants states to pay a quarter of his new unemployment benefit. States say they can’t afford it.

In interview with NBC News Shelby Kerns says "most states will have a difficult time paying a share of the enhanced benefits as state revenues are declining and CARES Act funds are largely allocated to other needs."
https://nbcnews.com/politics/donald-trump/trump-wants-states-pay-25-his-new-unemployment-benefit-states-n1236291

"The concept of saying to states 'you pay 25 percent of the unemployment insurance' is just laughable," New York Gov. Andrew Cuomo, a Democrat, said.

During yesterday's panel, state budget officers also noted larger and much quicker job losses due to #COVID19 recession ...
08/11/2020

During yesterday's panel, state budget officers also noted larger and much quicker job losses due to #COVID19 recession compared to Great Recession.

When asked about the differences between the #COVID19 recession and Great Recession, our state budget director panelists...
08/11/2020

When asked about the differences between the #COVID19 recession and Great Recession, our state budget director panelists noted how much more rapidly the current crisis developed, leaving limited time to process impacts and make tough choices. #NASBO20

Today we will be talking about the federal fiscal response to #COVID19. Marcia Howard of FFIS will be joined by 3 state ...
08/10/2020

Today we will be talking about the federal fiscal response to #COVID19. Marcia Howard of FFIS will be joined by 3 state budget directors to compare & contrast the current recession with the Great Recession. #NASBO20

.@DanWhiteEcon encourages states to plan for more than 1 alternative scenario, know what assumptions drive each scenario...
08/06/2020

[email protected] encourages states to plan for more than 1 alternative scenario, know what assumptions drive each scenario & include all factors impacting budget shortfalls, revenue & spending. #NASBO20

.@MoodysAnalytics Severe stress scenario for states assumes second outbreak of #COVID19 and double dip recession w/Q4 20...
08/06/2020

[email protected] Severe stress scenario for states assumes second outbreak of #COVID19 and double dip recession w/Q4 2020 jobless rate at 11.5% & full job market recovery not until early 2026. #NASBO20

.@MoodysAnalytics Baseline-Moderate scenario for states assumes worst of pandemic ends this summer, but Q4 2020 jobless ...
08/06/2020

[email protected] Baseline-Moderate scenario for states assumes worst of pandemic ends this summer, but Q4 2020 jobless rate still at 9.5% w/full job market recovery in late 2023. #NASBO20

.@DanWhiteEcon w/ @MoodysAnalytics compares budgeting in the age of #COVID19 to “nailing Jell-O to a wall”; states can “...
08/06/2020

[email protected] w/ @MoodysAnalytics compares budgeting in the age of #COVID19 to “nailing Jell-O to a wall”; states can “use more than one nail” by considering alternative economic scenarios to better prepare policymakers. #NASBO20

“Additional boost in the FMAP would be credit positive for states. As observed in ARRA, the few years of enhanced FMAP w...
08/06/2020

“Additional boost in the FMAP would be credit positive for states. As observed in ARRA, the few years of enhanced FMAP was one of most important factors that helped states move through the downturn.” #NASBO20

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