State governments generally do not without some creative accounting. Most states...

		YokoZar on Sept 17, 2015 \| parent \| context \| favorite \| on: Marijuana tax take nearly double expected in Color... State governments generally do not without some creative accounting. Most states have "balanced budget" requirements, although they're allowed to issue bonds - provided said bonds are specifically earmarked for specific programs, and in some cases approved through a separate process like a referendum.

Some states also have rainy day funds they can tap into if they have an unexpected revenue shortfall.