Most
governors’ budget proposals for FY19 have called for another year of slow
spending growth, with a few governors proposing declines in general fund
spending.
As
has been the case most years since the last recession, many governors are
targeting the largest amount of new spending to elementary and secondary
education. Other areas of emphasis have included tackling the opioid epidemic, addressing
mental health policies, adding funding for public safety and efforts to
maintain fiscal sustainability. Furthermore, several governors have released
tax reform proposals in hopes of spurring additional economic growth.
As
of Feb. 14, governors from 37 states had released a new or revised budget
proposal for FY19, which will begin on July 1, 2018, for 46 states (New York
begins its fiscal year on April 1, Texas on Sept. 1 and Alabama and Michigan on
Oct. 1). Over the coming months, 33 states will enact a new budget for FY19. Seventeen
states previously enacted budgets covering both FY18 and FY19, some of which will
consider a revised (or supplemental) budget this year.
Please
click here
to access an interactive state-by-state map of governors’ budget proposals for FY19.