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Fiscal Condition of the States:    Prepared for the Louisiana Multiparish Tax Commission   March 1 ,  2012 Elliott Dubin Director of Policy Research Multistate Tax Commission LA Multiparish Tax Committee
LA Multiparish Tax Committee
LA Multiparish Tax Committee
LA Multiparish Tax Committee
LA Multiparish Tax Committee
LA Multiparish Tax Committee
LA Multiparish Tax Committee
State Year-End Balances, Fiscal 1982 to 2012 LA Multiparish Tax Committee Right scale Left Scale Source: National Association of State Budget Officers
Source: National Association of State Budget Officers. 2011 Total  Year-End Balances as a Percent of Expenditures Fiscal Years 2010 to 2012 LA Multiparish Tax Committee Number of States Percentage Fiscal 2010 Actual Fiscal 2011 Preliminary Fiscal 2012 Appropriated Less than 1.0 percent 12 8 12 1.0 to 4.9 percent 15 18 19 5.0 to 9.9 percent 13 13 10 10.0 percent or greater 10 11 9 Average 5.2% 6.4% 6.2%
Strategies Used by States to Reduce Budget Gaps, Fiscal 2012 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],LA Multiparish Tax Committee 1. Includes: higher education fess, court fees, transportation/motor vehicle fees, business related fess, and other fees 2. Includes: layoffs, furloughs, early retirement, salary reductions, and cuts in benefits. Source: National Association of State Budget Officers, 2011.
Note: employment data are seasonally adjusted at annual rates Source: U.S. Bureau of Labor Statistics LA Multiparish Tax Committee
LA Multiparish Tax Committee
LA Multiparish Tax Committee
LA Multiparish Tax Committee
Source, U.S. Department of Commerce LA Multiparish Tax Committee
State and Local Receipts by Major Type, Percent Change from Previous Year 2002 I to 2011 III LA Multiparish Tax Committee Source: U.S. Department of Commerce, Bureau of Economic Analysis . Right Scale
Percent Change from Previous Quarter  in State and Local Government Current Expenditures and Gross Investment in Current and Chained 2005 Dollars, 2002 I to 2011 IV LA Multiparish Tax Committee Source: U.S. Bureau of Economic Analysis
Year-over-Year Percentage Change in State Tax Revenues by Type of Tax, 2002 I to 2011 III LA Multiparish Tax Committee Source: U.S. Bureau of the Census
Year over Year Percent Changes: State Tax Revenue -- Nominal and Adjusted for Inflation 2002 I to 2011 III LA Multiparish Tax Committee Source: Nelson A. Rockefeller Institute of Government
Year-over-Year Percentage Change in Local Government Tax Receipts, 2002 I to 2011 III LA Multiparish Tax Committee Source: U.S. Bureau of the Census and MTC
LA Multiparish Tax Committee
LA Multiparish Tax Committee
A Silver Lining? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],LA Multiparish Tax Committee

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Fiscal condition of the states 2012 a

  • 1. Fiscal Condition of the States: Prepared for the Louisiana Multiparish Tax Commission March 1 , 2012 Elliott Dubin Director of Policy Research Multistate Tax Commission LA Multiparish Tax Committee
  • 2. LA Multiparish Tax Committee
  • 3. LA Multiparish Tax Committee
  • 4. LA Multiparish Tax Committee
  • 5. LA Multiparish Tax Committee
  • 6. LA Multiparish Tax Committee
  • 7. LA Multiparish Tax Committee
  • 8. State Year-End Balances, Fiscal 1982 to 2012 LA Multiparish Tax Committee Right scale Left Scale Source: National Association of State Budget Officers
  • 9. Source: National Association of State Budget Officers. 2011 Total Year-End Balances as a Percent of Expenditures Fiscal Years 2010 to 2012 LA Multiparish Tax Committee Number of States Percentage Fiscal 2010 Actual Fiscal 2011 Preliminary Fiscal 2012 Appropriated Less than 1.0 percent 12 8 12 1.0 to 4.9 percent 15 18 19 5.0 to 9.9 percent 13 13 10 10.0 percent or greater 10 11 9 Average 5.2% 6.4% 6.2%
  • 10.
  • 11. Note: employment data are seasonally adjusted at annual rates Source: U.S. Bureau of Labor Statistics LA Multiparish Tax Committee
  • 12. LA Multiparish Tax Committee
  • 13. LA Multiparish Tax Committee
  • 14. LA Multiparish Tax Committee
  • 15. Source, U.S. Department of Commerce LA Multiparish Tax Committee
  • 16. State and Local Receipts by Major Type, Percent Change from Previous Year 2002 I to 2011 III LA Multiparish Tax Committee Source: U.S. Department of Commerce, Bureau of Economic Analysis . Right Scale
  • 17. Percent Change from Previous Quarter in State and Local Government Current Expenditures and Gross Investment in Current and Chained 2005 Dollars, 2002 I to 2011 IV LA Multiparish Tax Committee Source: U.S. Bureau of Economic Analysis
  • 18. Year-over-Year Percentage Change in State Tax Revenues by Type of Tax, 2002 I to 2011 III LA Multiparish Tax Committee Source: U.S. Bureau of the Census
  • 19. Year over Year Percent Changes: State Tax Revenue -- Nominal and Adjusted for Inflation 2002 I to 2011 III LA Multiparish Tax Committee Source: Nelson A. Rockefeller Institute of Government
  • 20. Year-over-Year Percentage Change in Local Government Tax Receipts, 2002 I to 2011 III LA Multiparish Tax Committee Source: U.S. Bureau of the Census and MTC
  • 21. LA Multiparish Tax Committee
  • 22. LA Multiparish Tax Committee
  • 23.

Notes de l'éditeur

  1. Also, massive increase in federal aid kept current receipts from falling despite decline in tax revenues.