State Budgets under Stress: Paths to Sustainability
States have been through a series of tough budget cycles in the last years, and some suggest more stress is ahead. This program will look at the current state of budgets and long-term challenges.
This conference was co-hosted by Federal Reserve Banks of Chicago, New York and Philadelphia in partnership with John D. and Catherine T. MacArthur Foundation and National Association of Budget Officers (NASBO).
Budget directors and experts provide an overview of conditions. How are states handling the gaps? Are they utilizing recurring solutions or just more gap filling?
A rating agency professional and a municipal analyst provide their views of the historical market dynamics and some insights on the long-term challenges.
We have assembled some of the leading minds in public finance to get views on how to restructure state budgets. What are ways for states to face their pressures?
Last Updated: 06/28/2011
A business class property located just 2 blocks from the Federal Reserve Bank in the heart of the city’s financial district. This property just underwent a complete renovation of all sleeping rooms. Full service restaurant on-site, Elephant and Castle, also provides room service.
Reservations: (212) 575-0006
Individuals should identify themselves with Federal Reserve Bank and use group code: FRB623
Room Rate: $144 plus tax (15.40%)
Arrival June 23; departure June 24
Cut-off date: May 20, 2011
Chicago Fed Contact: Sandy Schneider via telephone at (312) 322-8203 or via e-mail.