Increased Medicaid enrollment and the end of Recovery Act funding are the leading challenges facing state governors and their budget officers as they look to 2011, a new report indicates. In their twice-annual Fiscal Survey of States, the National Governors Association (NGA) and the National Association of State Budget Officers (NASBO) say that most states [...]
Despite the scheduled end to many federally funded Recovery Act programs and projected budget gaps into the next two or three fiscal years, a report released Wednesday says state and local information technology budgets over the next five years are expected to increase from $52.8 billion to $61.5 billion. Analysts at INPUT suggest that law [...]
For many state governments, the slight gains in economic recovery seen at the national level will not be shared down the municipal line for months to come, argues Deloitte’s Robert Campbell. But in his latest commentary from The Gallery, Mr. Campbell says that continued stress on budgets in 2011 may compel lagging states to enact [...]
Illinois Governor Pat Quinn announced a new website last week, meant to shine “sunlight” on the state’s finances. Sunshine.Illinois.gov is the state’s first foray into a comprehensive transparency site where detailed information about state expenditures, grants, pubic facilities’ inspection reports and more can be searched by citizens.
According to the Recovery Accountability and Transparency Board, recipients of 1,036 awards representing $583 million dollars in stimulus funds failed to submit reports for the quarter that ended December 31, 2009. And the Recovery Board is calling them out on it.
Over $250 billion was allotted for state and local governments through federal grants and loans in the Recovery Act. Accenture’s Mark Howard discusses a recent joint survey with the National Association of State Auditors, Comptrollers and Treasurers that looks at how states could leverage ARRA requirements to be more efficient and competitive when applying for [...]
The $787 billion funding streams created as part of the American Recovery and Reinvestment Act passed in 2009 will end in 2012. Accenture’s Mark Howard discusses what programs and practices will last far beyond the two-year ARRA life cycle. From transparency measures to econometric forecasting, federal reporting mandates and increased grants competition has ushered a [...]
Laying the groundwork and internal controls for Recovery Act spending may go down in the history books as an overnight affair. But for those states listed in a new national survey of ARRA transparency websites, it has been arduous journey in a time of technological explosion and shrinking budgets.
In a survey of over 130 counties, the National Association of Counties (NACo) found the economic recession is widespread and impacting counties of all sizes, in all regions. The report also says money from the American Recovery and Reinvestment Act has yet to impact many of the survey’s respondents.
The Obama administration is doing better in its execution of stimulus objectives, overall, but there is still much room for improvement, says a leading research firm. Washington, D.C.-based INPUT found the administration has made strides in three of four key recovery areas, while receiving another “incomplete” in Job Creation.