State budgets will be squeezed by the adverse economic forces resulting from the effects of the COVID-19 pandemic. The outlook is grim and a deep economic downturn is likely to have sizeable consequences for state funding for education and other services. This session will explore the extent to which unemployment and declines in state income and sales taxes are expected to open and deepen state budget gaps. Is additional federal relief on the way and how might federal legislative and regulatory activities impact state and local governments as they try to respond to the economic fallout?
This session was originally broadcast as part of the NACUBO 2020 Virtual Annual Meeting. For more purchasing options and to see what other sessions are available a la carte, view the NACUBO 2020 Virtual Annual Meeting Highlights Bundle.