States Report Fiscal Health Still Strong

Most states continue to experience sound fiscal health, and as a result have been able to cover rising K-12 education costs, according to a report on state budgets released last week.

Prepared by the National Governors Association and the National Association of State Budget Officers—both with headquarters in Washington—the report shows that revenue growth continues to exceed projections, but it also sounds a cautious note.

“While this is positive, states realize that meeting increasing expenditure expectations with limited revenues will likely be...