A growing list of long-term budgetary challenges is making it increasingly difficult for states to plan for the future and address uncertain financial pressures.
The Pew Charitable Trusts helps state policymakers prepare for new and emerging risks to fiscal stability and manage uncertainty by strengthening budgeting practices across several areas, including:
- Understanding and improving natural disaster budgeting practices.
- Identifying and planning for other emerging risks such as significant demographic, technological, and economic shifts.
- Improving state management of federal funds to account for uncertain and volatile funding.