State expenditures : projections to 2010

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Authors
Strom Thurmond Institute
Hite, James C.
Issue Date
1997-10-23
Type
Text
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Keywords
Expenditures, Public--South Carolina--Forecasting , Sustainable development--South Carolina
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Working paper series (Strom Thurmond Institute)
Fiscal sustainability of the South Carolina revenue and expenditure system, 1997-2010 ; v. 3
Abstract
What is offered here are not expenditure forecasts, which require forecasts of political decisions that no one can make with reliability. Rather, expenditure projections are offered given certain basic and plausible assumptions. The expenditure projections presented are based upon the 1997-98 appropriations bill. In summary, state expenditures are projected to grow at an average annual rate of 4.5 percent overall with faster-than-average growth anticipated in certain large segments of the budget like corrections and Medicaid/social services. It is believed that these figures provide a suitable foundation for planning purposes.
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South Carolina State Library
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Copyright status determined to be in the public domain on April 27, 2020 by United States Supreme Court ruling (Georgia et al., Petitioners v. Public.Resource.Org, Inc. : 590 U.S.__(2020))
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