State Budget Snapshot
Despite improved news on the budget fronts for most states, at least 10 states are projecting deficits in fiscal 2004, according to a recent report by the National Conference of State Legislatures.
|Amount (millions)||Percent of general fund|
*Michigan also faces a $361 million
deficit in its School Aid Fund, which represents 2.9 percent of the
SOURCE: National Conference of State Legislatures
Vol. 23, Issue 14, Page 20