Structural deficits and the politics of balancing the budget: the case of Missouri Fiscal Year 2004 budget

Structural deficits and the politics of balancing the budget: the case of Missouri Fiscal Year 2004 budget

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Article ID: iaor20072682
Country: United States
Volume: 18
Issue: 3
Start Page Number: 284
End Page Number: 305
Publication Date: Jan 2006
Journal: Journal of Public Budgeting, Accounting and Financial Management
Authors:
Keywords: management, planning, government, economics, statistics: empirical
Abstract:

This paper uses the Missouri Fiscal Year 2004 budget as a case study to illustrate two aspects of the recent state budgetary problems: its structural budget deficits and the politics involved in balancing a budget. The paper also highlights the dilemma that government faces in meeting constant public demand for services while revenue sources are restrained.

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