The U.S. economy and government budgets appear to be getting a little stronger as 2013 gets underway. Yes, state budgets are improving, with as many as 45 states and the District of Columbia expecting to get bigger tax takes in fiscal-year (FY) 2013 compared to FY 2012.
Even so, there is concern that future budget brawls in Congress may stall the recovering U.S. economy.
The 2013 Keating Report summarizes survey results that show how city finance officers and other government officials coped with a sluggish economy in 2012, and how Kent, Wash., is hiking fees and taking other revenue-boosting steps in 2013. Officials from the Council of State Governments, the National Council for Public-Private Partnerships and other organizations weigh in on 2013 government budgets, spending, construction, public-private partnerships and related topics.
Federal fiscal trends
Local government fiscal realities
Public works and transportation construction
Economy and government purchases