Page 9 - State Budgets News Today

The governor outlined what he called a balanced budget, though the revenue shortfall has grown by $9.3 billion to $31.5 billion since January.

Illinois trimmed revenue estimates for the current fiscal year and must absorb higher social services expenses next year leaving less budget room to maneuver.

The retirement-savings gap could create a $1.3 trillion economic burden through 2040, according to Pew Research. Here's how to fix it.

The governor also praised the Elmont school district for lowering its taxes in recent years.

The developments — in Patchogue, Wyandanch and Hempstead Village — are among 27 statewide that Gov. Kathy Hochul selected to create or preserve 3,100 affordable, sustainable and supportive homes.

Isn't it reasonable to expect that state governments' financial reporting have full accountability and thus, receive clean audit reports? Often, they do not.

Although Hawaii lawmakers nixed his proposed tourist tax, Gov. Green points to positives.

The budget includes big raises for schools and mass transit, a change in bail law but no broad housing plan, and a new minimum wage going up to $17 per hour.

Continued commitments to meeting long-term liabilities under Gov. Phil Murphy were cited as key in a slew of recent bond rating upgrades for the Garden State.

The school-aid boost for the Nassau-Suffolk region, approved by legislators Tuesday, comes on top of a $458 million hike in 2022-23 and a $417 million increase in 2021-22.