OMB Director Ann Visalli said the agencies can request up to 1 percent above their base budget, but various costs for pension increases and health care are built in.
"The unfunded liability of the retirement system is astronomical, and it does have - and will continue to have - a significant effect on the state of Alaska going forward," says Kris Erchinger of the Alaska Retirement Management Board.
With income tax cuts squeezing revenues and the state facing the prospect of being ordered to spend hundreds of millions more on elementary and secondary schools, lawmakers are eyeballing colleges and universities.
Aside from the expected bread-and-butter issues of rebuilding the state's spending in the wake of the recent recession, Hickenlooper's proposed budget unveiled Friday pledges to replenish sectors of the budget depleted after tens of millions in cash were diverted to the state's disaster emergency fund in response to wildfires and flooding.
Headlines: New Mexico
New Mexico’s pensions are far from healthy. Last summer, the Pew Center on the States found New Mexico had failed to consistently pay its full annual pension contribution from 2005 to 2010... But lawmakers have been trying to turn the ship and their efforts may slowly be setting it on the right course.
Headlines: West Virginia
West Virginia missed tax collection estimates for the fourth consecutive month in October.
The state budget is in better shape this November than it was last November, according to state Comptroller Kevin Lembo’s monthly letter to Gov. Dannel P. Malloy.
The court said it expects the state's answer to the suit to be filed by early next week and set a schedule that would have both sides filing their evidence and briefs containing their arguments before Thanksgiving
Whenever anyone suggests that public sector unions are forcing their members to make political contributions, the unions retort that the contributions are strictly voluntary. Technically speaking, this is true, but the tedious process of opting out of making political contributions is a powerful deterrent.
Health care and prisons are two of the biggest drivers of state spending. So, when you throw them together you get… a whole lot of state spending.