budget

Capital District News
7:49 am
Thu May 17, 2012

NYS Teachers, School Boards See Disturbing Trends in School Vote Outcome

Governor Cuomo is pleased with the outcome of Tuesday’s state wide school budget vote, but teachers and school board leaders see some disturbing trends.

This year’s school budget vote was the first to take place after Governor Andrew Cuomo convinced the legislature to adopt the property tax cap. The governor says the tax cap imposed “fiscal discipline.” He says he’s pleased that few schools attempted to override the cap, and that most schools kept tax increases to a minimum, and were approved by voters. He says tax payers, as well as state government, are tapped out.

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New England News
7:20 am
Thu May 17, 2012

Senate Panel Hikes Local Aid in MA Budget

The Massachusetts budget proposed by the Senate Ways and Means Committee is winning praise from municipal officials. WAMC’s Lucas Willard reports…

Senate leaders say the spending plan for the fiscal year beginning on July 1 would boost local aid by $275 million over current year levels and provide full funding for unrestricted local aid. An earlier budget proposal by Governor Deval Patrick had made $65 million of unrestricted aid contingent on state revenues reaching certain benchmarks in the current year.

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WAMC News
7:13 am
Tue May 1, 2012

States Scaling Back Worker Pensions to Save Money

State governments have long lured workers with the promise of lucrative pensions that provide nearly the pay in retirement that employees earned on the job. But after years of budget crunches, nearly every state has revamped public retirement benefits in an effort to shrink the long-term obligations that are billions of dollars short of what is needed to cover benefits.

The moves have triggered a legal and political battle over whether states are reneging on their promises to millions of public-sector workers.

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New England News
8:32 am
Tue April 24, 2012

MA House Begins Debate on $32B State Budget

The Massachusetts House has begun debate on a proposed $32 billion state budget by rejecting a cut in the state sales tax.   WAMC’s Paul Tuthill reports…

A proposal to reduce the Massachusetts sales tax to 5 percent in three phases was sent off to a study committee by an overwhelming and mostly partly line vote of 119-37. 

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New England News
8:04 am
Mon April 23, 2012

MA House to Begin Debate on $32B Budget Plan

Massachusetts House lawmakers are scheduled to begin debate on a nearly $32.3 billion state budget plan for the fiscal year beginning July 1.

Lawmakers will begin working their way through 870 proposed amendments to the spending plan on Monday.

The budget unveiled earlier this month by the House Ways and Means Committee relies on $522 million in one-time revenues, including a $400 million withdrawal from the state's so-called Rainy Day fund.

It calls for spending $14 million less than the budget proposed in January by Governor Deval Patrick.

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North Country News
7:56 am
Mon April 23, 2012

VT Speaker: Adjournment Likely Delayed

Legislative leaders say Vermont lawmakers won't be going home for the year this coming Friday, as they originally had hoped.  WAMC’s Tristan O’Neill reports…

But they're still technically ahead of schedule. The Legislature budgeted for 18 weeks this year, and this coming week will be their 16th in session.

House Speaker Shap Smith and Senate President Pro Tem John Campbell say lawmakers should plan on being in session through the first week in May, possibly including Saturday the 5th.

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New England News
8:02 am
Thu April 12, 2012

MA House Proposes $32.3B State Spending Plan

Budget writers in the Massachusetts House have proposed a $32.3 billion state spending plan.

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New England News
8:29 am
Wed April 11, 2012

Massachusetts House Panel to Unveil Proposed Budget Plan

Massachusetts House leaders are preparing to unveil their version of the state budget for the fiscal year that starts July 1. 

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New England News
12:30 pm
Tue April 10, 2012

Fee Hikes Proposed To Close Budget Gap

  Faced with a major decrease in property tax collections and no
expected increase in state aid, budget writers in Springfield
Massachusetts are proposing scores of fee hikes. But the city's top
finance officer says it still won't be  enough to avoid budget cuts.
WAMC's Pioneer Valley Bureau Chief Paul Tuthill reports..

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New York News
8:24 am
Thu April 5, 2012

Poll: New Yorkers Decry Secret Dealing in Budget Talks

Speaker Silver

A statewide poll finds New Yorkers think the secrecy and closed-door deals that led to last week state's budget approval are unnecessary and a serious problem. WAMC's Dave Lucas reports...

The Quinnipiac University poll is a rebuke of the continued "three-men-in-a-room" method of crafting a budget by Governor Andrew Cuomo, Assembly Speaker Sheldon Silver and Senate Majority Leader Dean Skelos.

The poll finds that 55 percent of voters said the closed-door negotiations weren't necessary to achieve the budget.

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