Fiscal Survey of the States
State revenues were down for fiscal years (FY) 2009 and 2010 and are expected to remain sluggish through FY 2012. Reserve levels are down and budget pressures high. However states are starting to react and address these challenges.
This commentary highlights a fiscal survey of the states, both the good and the bad news, to give some insight into what has happened and what might be next. Please contact me with any questions or if Mesirow Financial can be of further assistance.
Peter Bianchini
Managing Director,
Senior Municipal Strategist
+1 925.386.0262

