TOOLS TO ASSESS BUDGETARY CONCERNS:

Merriman, David F.

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https://hdl.handle.net/2142/110217 Copy

Description

Title

TOOLS TO ASSESS BUDGETARY CONCERNS:

Author(s)

Merriman, David F.

Issue Date

2017-02-02

Keyword(s)

• kiwanis
• budgetary
• concerns
• index
• research
• government
• Champaign
• fiscal
• policy

Date of Ingest

2021-07-28T20:43:06Z

Abstract

The downgrade of Illinois’s IDR and related ratings reflects the unprecedented failure of the state to enact a full budget for two consecutive years and the financial implications of spending far in excess of available revenues, which has resulted in increased accumulated liabilities and reduced financial flexibility. Even if the current attempts at a resolution to the extended impasse prove successful, Fitch believes that the failure to act to date has fundamentally weakened the state’s financial profile.

Publisher

Institute of Government & Public Affairs

Type of Resource

text

Genre of Resource

presentation/lecture/speech

Permalink

http://hdl.handle.net/2142/110217

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