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ERIC Number: ED478802
Record Type: Non-Journal
Publication Date: 2002-Nov
Pages: 14
Abstractor: N/A
Reference Count: N/A
ISBN: N/A
ISSN: N/A
The 2002 Legislative Briefing.
Gaines, Gale F.
This document provides a summary of legislative actions and issues in the member states of the Southern Regional Education Board (SREB). The economic slowdown continued to dominate legislative deliberations of state budgets, with midyear cuts the norm rather than the exception. It is expected that 2002-2003 will be another tight year, with shortfalls expected in many states. Budgets were leaner than they were in the early 1990s, and states used various methods to balance their budgets. Some states freed up funds by reducing employer contributions to retirement systems. Unlike the early 1990s, legislators are reluctant to raise taxes and want to try to manage spending within existing resources as much as possible. Recent tax actions will raise revenues in a few states, but tuition increases are occurring in most states. Tuition increases mean more revenue for colleges and universities, but a greater financial burden for families and the necessity for more need-based financial aid. Salary increases for teachers and faculty are down, and few new initiatives are being funded. (SLD)
Southern Regional Education Board, 592 10th Street, N.W., Atlanta, GA 30318. Tel: 404-875-9211; Web site: http://www.sreb.org.
Publication Type: Reports - Descriptive
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Southern Regional Education Board, Atlanta, GA.