2020-09-26@23:22:18 GMT
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News about State Budget:

    It’s long past time for Gov. Cuomo to offer up his Plan B for spending cuts if the feds don’t dump tens of billions on the state. Critics, such as the Citizens Budget Commission, rightly warn of the dangers of failing to advance a responsible fiscal plan. Yes, the gov has rightly been withholding funds...
    By ALAN SUDERMAN, Associated Press RICHMOND, Va. (AP) — Virginia lawmakers unveiled budget proposals Friday aimed at mitigating the effects of the coronavirus with funding for mental health services, high-speed internet access, and assistance for people behind on rent and utilities. The House of Delegates and the state Senate advanced their own spending plans out...
            by Scott McClallen  Michigan leaders sealed a $62.8 billion fiscal 2021 budget agreement, increasing spending by billions from last year’s initial budget even after state revenue plummeted from COVID-19 and policies placed to curb its spread. Experts previously estimated Michigan’s revenue would drop by $6.3 billion over the next two fiscal...
    New Jersey Gov. Phil Murphy praised a budget that includes $4.5 billion in new borrowing from the federal government and an additional tax on income over a $1 million. The budget pitched by Murphy in August was $32.4 billion, but an additional $300 million was added by majority Democratic lawmakers after a compromise was...
    TRENTON, N.J. (AP) — New Jersey lawmakers on Thursday passed a $32.7 billion budget, hiking taxes on millionaires and businesses and authorizing borrowing of up to $4.5 billion to avoid painful cuts stemming from the impact of the coronavirus pandemic. The budget passed the Democrat-led Senate and Assembly and heads next to Democratic Gov. Phil...
    By WILSON RING, Associated Press Republican Gov. Phil Scott said Thursday he would not seek to raise taxes or fees to help the Vermont state government cope with an expected economic shortfall in next year’s state budget caused by the coronavirus pandemic. In a radio debate with his Democratic challenger in the November election, Lt....
    By MIKE CATALINI, Associated Press TRENTON, N.J. (AP) — New Jersey lawmakers on Thursday passed a $32.7 billion budget, hiking taxes on millionaires and businesses and authorizing borrowing of up to $4.5 billion to avoid painful cuts stemming from the impact of the coronavirus pandemic. The budget passed the Democrat-led Senate and Assembly and heads...
    Despite the battering incurred by COVID-19 on the state’s economy, the Michigan legislature and Gov. Gretchen Whitmer agreed on a fiscal year 2021 budget that includes significant spending increases as well as continuing funding of education, economic development, public health and safety, and environmental initiatives at current levels. The agreement on the 2021 omnibus...
    ALBANY — Government watchdogs are pressuring Gov. Andrew Cuomo to stop wishing on rainbows and present a plan to fix New York’s $14.5 billion projected budget hole assuming no relief will come from Washington. Cuomo has argued for months that Congress needs to approve upwards of $14 billion to stave off massive, permanent spending...
    ALBANY — Government watchdogs are pressuring Gov. Andrew Cuomo to stop wishing on rainbows and present a plan to fix New York’s $14.5 billion projected budget hole assuming no relief will come from Washington. Cuomo has argued for months that Congress needs to approve upwards of $14 billion to stave off massive, permanent spending reductions...
    Forty-five years ago this month, then-Gov. Hugh L. Carey and the state Legislature passed a landmark law, the Financial Emergency Act, designed to rescue Gotham from imminent bankruptcy. The law created the state Financial Control Board as a vehicle for restoring solvency. The board would be chaired by the governor, who in turn would appoint...
    OLYMPIA, Wash. (AP) — Lawmakers in Washington state received some good financial news Wednesday, with updated numbers showing an increase in state revenues over the past few months, cutting an earlier projection of revenues losses by more than half. But officials warned there's still a good deal of economic uncertainty due to the coronavirus pandemic....
    COLUMBUS, Ohio (AP) — Ohio State’s athletic department will cut 25 jobs, furlough hundreds of other employees and ask coaches and others to take 5% pay cuts to help grapple with a projected $107 million budget deficit due to the COVID-19 pandemic, athletic director Gene Smith said Wednesday. Some of that money will be made...
    LANSING, Mich. (AP) — Michigan lawmakers moved Wednesday to pass a $62 billion budget that would keep spending flat thanks to a federal rescue and avoid major cuts that had been feared due to the coronavirus pandemic. The plan was unveiled in the morning and was expected to win final approval by day’s end before...
    By DAVID EGGERT, Associated Press LANSING, Mich. (AP) — Michigan lawmakers are moving to pass a $62 billion spending plan about a week before the deadline to enact the next state budget. Bills were made public Wednesday and are expected to win final legislative approval later in the day before going to Gov. Gretchen Whitmer....
    By EMILY WAGSTER PETTUS, Associated Press JACKSON, Miss. (AP) — Mississippi Republican Gov. Tate Reeves acted within his constitutional powers when he issued partial vetoes of budget bills this year, the state attorney general's office is arguing in court papers. The attorneys filed their arguments on behalf of the governor Thursday in Hinds County Chancery...
    By EMILY WAGSTER PETTUS, Associated Press JACKSON, Miss. (AP) — Mississippi legislators will probably return to the Capitol before Oct. 5 to examine how the state is spending coronavirus relief money it received from the federal government, Republican House Speaker Philip Gunn said Monday. Gunn said the House and Senate will evaluate “what has been...
    Rep. Alexandria Ocasio-Cortez’s Democratic Socialists brigade wants to turn New York City far-left — from the ground up. The Democratic Socialists of America-NYC is pushing to put up or back a slate of City Council candidates that if elected would create a “socialist caucus.” The overwhelmingly Democratic council is vulnerable next year to the left-of-left...
    New York state’s top budget official responded to Thursday’s hike in New Jersey’s “millionaire’s tax” — by saying that most of the Empire State’s highest earners are already taxed even more heavily. That’s because New York City takes its own big bite out of residents’ incomes, state Budget Director Robert Mujica said. Mujica noted...
    New York state’s top budget official responded to Thursday’s hike in New Jersey’s “millionaire’s tax” — by saying that most of the Empire State’s highest earners are already taxed even more heavily. That’s because New York City takes its own big bite out of residents’ incomes, state Budget Director Robert Mujica said. Mujica noted that...
    New Jersey Governor Phil Murphy and Democrat legislative leaders have agreed on a budget deal that will raise taxes on about 35,600 millionaires. The deal will push the tax rate to 10.75%, from 8.97%, for those with incomes above $1 million. It also includes a maximum $500 tax rebate for about 800,000 households, those with...
    Gov. Andrew Cuomo engaged in a little fat shaming Wednesday — over New York City Mayor Bill de Blasio’s bloated city budget. Asked about de Blasio’s announcement earlier in the day of one-week staff furloughs including himself and his oft-repeated threat of widespread municipal layoffs to shore up the Big Apple’s balance sheet, Cuomo said...
    Illinois Democratic Gov. J.B. Pritzer sounded the "alarm" Tuesday regarding the possibility that Illinois may have to cut 5% from its budget next year, which he described as a "nightmare scenario." He also pleaded with the federal government for a bailout package to help avert such a "nightmare." "Until Republicans in Washington decide...
    All the money in the world may not ease New Jersey’s woes at the Department of Labor and Workforce Development. That’s because the problems lie in red tape that comes from the federal government, Labor Commissioner Robert Asaro-Angelo told the Senate Budget and Appropriations Committee on Tuesday. The labor commissioner appeared on the...
    Mayor Bill de Blasio on Wednesday promised not to increase property taxes for New York City homeowners to help bridge the city’s $1 billion budget gap caused in part by the coronavirus pandemic. “I just don’t believe a property tax increase is the right thing and I won’t do it,” de Blasio told reporters during...
    Mayor Bill de Blasio on Wednesday promised not to increase property taxes for New York City homeowners to help bridge the city’s $1 billion budget gap caused in part by the coronavirus pandemic. “I just don’t believe a property tax increase is the right thing and I won’t do it,” de Blasio told reporters during...
    Gov. J.B. Pritzker said Tuesday the state is preparing to make budget cuts if Congress doesn’t pass another COVID-19 relief package. State lawmakers passed a budget in May that relies on uncertain federal bailout funds and is also dependent on voters passing a progressive income tax amendment in November. The governor said he has...
    Anaheim, the home of Disneyland, is begging California Gov. Gavin Newsom to reopen the major theme park after a $100 million budget shortfall due to the coronavirus health crisis, according to reports. “What we need is guidance and an economic recovery roadmap so we know that we won’t go from coronavirus to a second great recession,” city...
    CHICAGO (WLS) -- Illinois public health officials announced 1,466 new cases of COVID-19 and 20 deaths Tuesday as Governor JB Pritzker warned of budget cuts due to COVID-19 if the state does not get federal help.The governor laid out an ominous budget scenario Tuesday due to the economic consequences of the pandemic.The total number of...
    By TOM DAVIES, Associated Press INDIANAPOLIS (AP) — Indiana officials are still holding back on spending more than half of the $2.4 billion state government received in federal coronavirus relief funding. Democrats on the State Budget Committee questioned Tuesday why there wasn’t more urgency in spending the money on the immediate needs of people around...
    Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York City The state’s nurses union rallied at Bellevue Hospital in Manhattan this afternoon against proposed Medicaid cuts and budget slashing to city hospitals that they say could harm medical responses to a potential second wave of COVID-19...
    By JEFFREY COLLINS, Associated Press COLUMBIA, S.C. (AP) — The South Carolina Senate passed changes Tuesday to the state budget that would provide a small raise to most teachers and a hazard pay bonus for some lower-paid state workers. Now attention turns to the House, where leaders may prefer not to change the budget at...
    CHICAGO (CBS) — Gov. JB Pritzker announced $245 million in grants that will soon be available to small businesses still struggling during the COVID-19 pandemic, or damaged by looting earlier this summer. Meantime, the governor said state and local governments would be forced to lay off thousands of workers later this year, if Congress does...
    CHICAGO (WLS) -- Illinois public health officials announced 1,466 new cases of COVID-19 and 20 deaths Tuesday as Governor JB Pritzker warned of budget cuts due to COVID-19 if the state does not get federal help.The total number of COVID-19 cases in Illinois now stands at 264,210 with 8,332 deaths, the IDPH reported.The preliminary seven-day...
    Need to stay updated on coronavirus news in Texas? Our evening roundup will help you stay on top of the day’s latest updates. Sign up here. State health officials walked back a plan to cut $15 million in funding from health and safety net programs, including services that offer low-income Texans access to birth control...
              Tennessee revenues exceeded budgeted estimates for the first month of the state’s 2021-2022 fiscal year by $115.1 million, Department of Finance and Administration Commissioner Butch Eley reported Monday. Total state revenues for August, the first month of the fiscal year on an accrual basis, were $1.16 billion, which...
    But warns of program cuts due to lower aid The Haldane school board announced on Monday (Sept. 14) that it plans to use savings to reduce the 3.3 percent increase to the tax levy approved by voters in June to 1.96 percent. The 3.3 percent increase was the maximum allowed under a state-mandated tax cap....
    A firefighter keeps watch on flames of the Bobcat Fire in the Angeles National Forest on Sept. 11, north of Monrovia, California. Saturday Snippets is a regular weekend Daily Kos feature. • Cop who killed George Floyd has a record of unnecessarily restraining people: Prosecutors of four Minneapolis officers charged in the case that has sparked...
    COLUMBIA, S.C. (AP) — South Carolina lawmakers are returning to Columbia to take up how the state spends its money, voting and whatever other loose ends remain in a session disrupted by COVID-19. The General Assembly set aside two weeks starting Tuesday. The Senate will immediately take up alterations to the state budget, which include...
    State-level progressive candidates across Rhode Island celebrated victories Friday after 38,000 mail-in ballots were tallied in this week’s primary elections in which more than a dozen centrist Democratic incumbents were rejected by voters in favor of challengers offering more visionary solutions. The victories of candidates including Cynthia Mendes, a Medicare for All advocate and single working mother...
    High school seniors in Lansingburgh, N.Y., set up class in a school parking lot Thursday to protest state budget cuts and school reopening modifications, according to WRGB. The protest comes after New York cut 20% of school funding across the state, which led some school districts, including the Lansingburgh Central School District, to change reopening plans. Students in grades 3-12 who...
    Photo via NSFState legislative budget chiefs anticipate “short-term challenges” during the next legislative session as economists project a $2.7 billion shortfall because of the coronavirus-fueled recession. The shortfall would be in the 2021-2022 fiscal year, which will start July 1. Amy Baker, coordinator of the Legislature’s Office of Economic and Demographic Research, told members of...
    New York Gov. Andrew Cuomo said for the second time in three days on Thursday he would consider raising taxes to close an $8 billion budget shortfall if federal officials do not offer funding to replace revenue lost due to the outbreak of the novel coronavirus. “This will be a hole in the financial plan...
    Sign up for The Brief, our daily newsletter that keeps readers up to speed on the most essential Texas news. Heading into the November election, Gov. Greg Abbott has made clear that he believes policing should be top of mind for all Texas candidates and voters. The Republican state leader, who isn’t on the ballot...
    The New Jersey Assembly Budget Committee spent more than three hours Wednesday questioning state budget officials on Gov. Phil Murphy’s proposed $32.4 billion budget that includes $4 billion in borrowing from the federal government and a $2.2 billion surplus. The Legislature must approve a budget before the nine-month 2021 fiscal year begins on Oct....
    COLLEGE PARK, Md. (AP) — The University System of Maryland's chancellor announced he is taking a 10% pay cut and warned that employees could face furloughs, pay reductions or layoffs as the system struggles to close a budget shortfall caused by the coronavirus pandemic. Chancellor Jay Perman laid out the temporary cut to his $960,744...
    PORTLAND, Maine (AP) — Maine's finance commissioner announced a plan Wednesday to bridge a half-billion dollar revenue shortfall by using a combination of federal funding, liquor sales tax receipts and cost reductions. The state is facing a projected $528 million revenue shortfall for the two years ending June 30, 2021. Finance Commissioner Kirsten Figueroa's proposal...
    By JEFFREY COLLINS, Associated Press COLUMBIA, S.C. (AP) — A small raise for teachers and a hazard pay bonus for many state employees who couldn't work from home during the COVID-19 pandemic are in the spending plan heading to the South Carolina Senate floor next week. Even if the Senate agrees to the proposals that...
    Sign up for The Brief, our daily newsletter that keeps readers up to speed on the most essential Texas news. Gov. Greg Abbott made his latest political move to fight efforts to cut police funding Wednesday, calling on all Texas candidates in the November election to sign a pledge “backing the blue.” “Some cities in...