Putting the Governor’s 2018-19 May Revision in Context
Several key considerations provide the backdrop:
•State revenues for the coming fiscal year are projected to be higher than previously forecast.
•Economic hardship – overall poverty as well as child poverty – remains very high in most parts of the state, even several years after the end of the Great Recession.
•Various key public services and supports continue to operate at diminished levels due to state cuts made during and after the recession