WASHINGTON — States’ fiscal conditions are improving and, despite ongoing uncertainties, many of them can be expected to maintain good credit ratings and to try to lock in low interest rates with additional bond financings, officials of two groups said Tuesday.

“I wouldn’t be surprised if you see a steady growth in borrowing; interest rates are low and the needs are great,” Scott Pattison, executive director of the National Association of State Budget Officials, said when asked about bond financing during a conference call about the latest recent Fiscal Survey of States. NASBO conducts the survey twice a year along with the National Governors Association.

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