ERIC Number: ED346572
Record Type: Non-Journal
Publication Date: 1991-Dec
Reference Count: N/A
Coping with the Sluggish Economy: State Responses to Revenue Shortfalls and Their Significance for Public Schools and Higher Education.
Responses of southern states to revenue shortfalls and their significance for public schools and higher education are examined in this report. Many different actions have been take to address state fiscal problems: most strategies require changes in revenue polices that increase taxes and fees or reallocate funds, and many have mandated spending cuts. The following revenue measures are described: tax increases, state-operated lotteries, bond programs, fund shifts, and increases in tuition and fees. Spending reduction activities are also discussed, such as state actions, government efficiency planning, and progressive shortfalls in education budget funds. Ways in which budget reductions are being made, statewide information on budget cuts, and their effects on education are also examined. Plans for change being developed in Florida, Mississippi, Oklahoma, Maryland, and Virginia are highlighted. A list of future considerations is included. (LMI)
Descriptors: Budgeting, Budgets, Educational Economics, Educational Finance, Elementary Secondary Education, Expenditures, Financial Problems, Higher Education, Income, Institutional Survival, Public Schools, Resource Allocation, Retrenchment, State Action
Southern Regional Education Board, 592 Tenth Street N.W., Atlanta, GA 30318-5790 ($3).
Publication Type: Reports - Descriptive
Education Level: N/A
Authoring Institution: Southern Regional Education Board, Atlanta, GA.