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dc.contributor.authorValentine, David C.eng
dc.contributor.corporatenameUniversity of Missouri--Columbia. Harry S. Truman School of Public Affairs. Institute of Public Policyeng
dc.description.abstractThe value of what has been called a “rainy day fund” was made obvious by several years of minimal revenue growth in the early 1980s. Without a reserve of this kind, the State had no sources of funds to help to cover shortfalls in fiscal years with less than anticipated revenues. In addition, the State did not have a way to meet uncontrollable increases in the cost of services such as Medicaid. The Budget Stabilization Fund and the Cash Operating Reserve Fund were both created in the 1980s to help the State maintain public programs in an era of fiscal stress.eng
dc.format.extent5 pageseng
dc.identifier.citationValentine, D. (Nov, 2004; revised Nov, 2006).Missouri's Budget Reserve Fund. Report 60-2004 Retrieved from University of Missouri System, Missouri Legislative Academy Web site: http://www.truman.missouri.edu/ipp/mla/publications/publications.htmeng
dc.publisherUniversity of Missouri - Columbia Institute of Public Policyeng
dc.relation.ispartofPublic Policy publications (MU)eng
dc.relation.ispartofcommunityUniversity of Missouri-Columbia. Harry S. Truman School of Public Affairs. Institute of Public Policyeng
dc.rights.licenseThis work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 License.
dc.subjectMissouri state budget reserveeng
dc.subjectBudget Stabilization Fundeng
dc.subjectCash Operating Reserve Fundeng
dc.subject.lcshMissouri -- Appropriations and expenditureseng
dc.subject.lcshBudget deficitseng
dc.subject.lcshFinance, Publiceng
dc.titleMissouri's Budget Reserve Fundeng

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