Annual Versus Biennial Budgeting

Users of the C2ER Economic Development Program Expenditures Database may notice differences in how frequently the budget for each state is released. This is because states have the choice of using either annual or biennial budgets, meaning budgets released every two years. Therefore, some states will not release their proposed budget for an extra year, or will not release actual budget numbers for more than two years. A number of factors go into why a state decides to use an annual or biennial budget. Continue reading

States propose funding apprenticeships

apprenticeship picAs data from the proposed FY2016 State Budgets are released, C2ER has been updating the C2ER State Economic Development Program Expenditures Database. As C2ER staff review the state budgets that have been released over the past few months, they have been looking for investments in apprenticeship programs.

Here are highlights from Connecticut, Iowa, and Maryland:

  • Connecticut’s proposed FY2016 apprenticeship funding is fairly consistent with FY2015 and FY2014, proposing approximately $575,000 in general fund expenses for the program.
  • Iowa proposed a 9% funding increase for FY2016 for the Iowa Apprentice Program, which is administered by the Iowa Economic Development Authority in coordination with the Office of Apprenticeship at the US Department of Labor. The program was created with the Iowa Apprenticeship Act in 2014.
  • Maryland significantly increased funding from FY2014 to FY2015, with a 60% in state funding allocated to the apprenticeship program. FY2016 included a proposed estimated 6% increase in state funding.

For more information and updates, visit the C2ER State Economic Development Program Expenditures Database. Please note that updates will not appear to users until all FY2016 state updates are complete in June 2015.