Pew's states’ fiscal health initiative provides data, analysis, and guidance to help states navigate their fiscal challenges and identify and understand potential policy approaches.
We examine key trends in state economies and budgets, and research and advance promising approaches to managing volatile state finances in an era of heightened uncertainty. Explore news about our work below.
In Alaska, 2012 was a very good year. The state is heavily dependent on severance taxes, which are levied on extraction of natural resources. And Alaska has one natural resource in abundance: oil. With the price of oil on the rise, total revenue grew by 27 percent that year—which helped the state increase its rainy day fund to an amount more than double the state's annual budget, making it... Read More
We look forward to seeing you at the NCSL Legislative Summit in Boston! Please visit Booth 545 in the exhibit hall to learn about The Pew Charitable Trusts’ work in all 50 states and meet policy experts on issues including fiscal and economic policy, public pensions, evidence-based policymaking, and health policy. Read More
To minimize the need for uncomfortable choices between raising taxes or cutting spending, 48 states have created budget stabilization funds—rainy day funds—that take advantage of boom times by directing surplus revenue into savings that can offset future shortfalls. However, many of these funds lack rules to effectively smooth the ups and downs in revenue. Designing a robust fund, and... Read More
Explore Fiscal 50 Interactive
Sort and chart data about key fiscal and economic trends in the 50 states, and read Pew's insights.