The purpose of the stabilization fund is to reduce the fluctuations in general fund revenue caused by the economic cycle. These fluctuations result in large budget surpluses in some years and large deficits in other years. Without considering the structural deficit, the budget stabilization fund almost certainly will not have the funding necessary to offset the cyclical reduction in revenue that will occur during the next recession.
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- Hoffman, Dennis L. (Author)
- Rex, Tom R. (Author)
- The Pride Publishing Company (Publisher)
The date the item was original created (prior to any relationship with the ASU Digital Repositories.)
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- Identifier ValueASU 8.2:E 57
- A report from the University Economist.