$1-$tates differ with respect to how they handle the revenue portion of their budgets. a$.$ Who does revenue forecasts for your state budget? Is it an executive branch or a legislative branch agency or a consensus process? b$.$ What entity in your state government prepares revenue estimates for tax legislation? Are the estimates easily available on a state website? c$.$ Does your state develop a tax expenditure budget? If so$,$ what are the largest tax expenditure categories for the two taxes that generate the most revenue for the state? Does the tax expenditure budget identify the normal structure for each of those taxes?

$2-$Does your state $($Florida$)$ permit its localities to file for bankruptcy protection? Is there some sort of state receivership or similar program for fiscally distressed localities? Are there any localities in your state in such a program? Are there municipal bond issues in your state that are in default?