Overview
In difficult economic circumstances states are faced with declining revenues and expanding needs. To negotiate these difficult times states can pursue multiple cost-effective strategies:
-
Maximize the Use of Federal Funds
.
Millions of dollars in available federal funding go unspent each year. States can pursue multiple strategies to access federal funds more effectively.
-
Maximize Return on Investment
.
To achieve long-term economic stability, states can invest in proven programs and services that produce a return to taxpayers through future revenue and cost-avoidance.
-
Generate Savings to Reinvest in What Works
.
Instead of spending significant sums on costly remedies, states can shift resources to prevention and thereby improve the lives of children and families while using taxpayer dollars much more effectively.