1 State Budget Balancing Strategies: Riding into the Future on Lessons Learned from the Past Paper prepared for the 2009 ABFM Conference in Washington, D.C. at the Washington Marriott, September 24-26, 2009. DRAFT: Cite with permission only Marilyn Marks Rubin Professor, John Jay College City University of New York Department of Public Management 445 W. 59 th Street New York City, New York 10019 212.237.8091 mrubin@jjay.cuny.edu Katherine G. Willoughby Professor, Georgia State University Andrew Young School of Policy Studies Department of Public Management and Policy P.O. Box 3992 Atlanta, Georgia 30302-3992 404.413.0117 kwilloughby@gsu.edu