Massachusetts, North and South Carolina Still Lack Current Fiscal Year Budgets

Though the new fiscal year has started, Massachusetts, North and South Carolina still lacked fiscal year 2013 budgets on Monday afternoon.  However, none of the states have had to shut down operations for lack of funding.  In Massachusetts both legislative houses approved an operating budget on Thursday. A five-year capital budget is already in place.  North Carolina has a two-year budget that started in July 2011. The government is working on a supplement for the current fiscal year. Both legislative houses have passed a budget supplement for fiscal year 2013.  The South Carolina House and Senate passed a budget on Thursday.  Last year at this time there were several state government shutdowns, said Brian Sigritz, director of state fiscal studies at the National Association of Budget Officers. There are no shutdowns this year, he noted.

- Bond Buyer

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s