A report by the National Association of State Budget Officers offers a state-by-state analysis of the ways states are developing and implementing capital spending plans for investments such as roads, bridges, university buildings, prisons, water resources, and more. As states continue to face budgetary constraints, capital budgeting and prioritization of capital needs will remain important for future infrastructure. The MacArthur-supported report looks into how states make decisions to invest in and maintain infrastructure and ways states distinguish that spending from regular operating expenses.  

Improving the Nation’s Fiscal Future, Policy Research, Policy, Research, United States