Research

Scope and Content Note

This series consists of commentary on fiscal reports and proposals, prepared by Paul Studenski for Division of the Budget Director John E. Burton. The reports, proposals, and Studenski's commentary pertain to a wide variety of matters in the realm of public finance: establishment of a capital reserve fund to finance capital projects after the conclusion of World War II; establishment of a state health and welfare fund in anticipation of a rise in expenditures after the conclusion of the war; establishment of revenue stabilization reserves under a constitutional amendment approved by the people in November of 1942; possibility of safeguarding part of an existing budget surplus through the establishment of a budgetary reserve; municipal revenues, real estate taxes, and taxing power; distribution of state funds and tax revenue to localities; and state aid to education.