Investor Presentaiton

Adjusting to the Volatility of Revenues McGranahan and Matoon suggest four ways that state policymakers can adjust to revenue volatility: 1. Adjust revenue policy 2. Rely on the federal government for aid 3. Adjust expenditures 4. Manage state assets to offset volatile revenue streams September 30, 2013 FTA Revenue Estimation and Tax Research Conference 15

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