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The Fiscal Survey of States Shows Cascading State Tax Revenues

The National Governors Association (NGA) and the National Association of State Budget Officers (NASBO) have released The Fiscal Survey of States (53 pages).  The accompanying press release notes:

In a report released today, The Fiscal Survey of States, NGA and NASBO found the revenue picture for most states improved dramatically in fiscal 2005, a situation both associations expect to continue in the current fiscal year. In fiscal 2005, revenues exceeded original budget projections in 42 states and three others met their target. Only five states revenue were below their budget projections.


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