WASHINGTON  — Rating analysts are closely watching to see if states make structural changes in their finances to avoid their current fiscal problems as opposed to making one-time fixes that will not solve their underlying imbalances, a Standard & Poor’s analyst said Tuesday.

Speaking at a Governing Magazine conference here, Robin Prunty, managing director at Standard & Poor’s, said that fiscal 2012 “will be the most challenging year” that states have faced in terms of balancing their budgets, most of which are still being developed. For most states, fiscal 2012 begins July 1.

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