Illinois Gov. Pat Quinn tried yesterday to persuade House Democrats to extend the state's temporary income tax increase to avoid what he says would be "savage" budget cuts, but he emerged from a roughly three-hour meeting with lawmakers still well short of the votes he needs for approval.
The bill would appropriate about $102 million less than the current budget, but would still boost funding for public schools by $80 million.
Spending needs have changed since Louisiana's 2013-14 budget was adopted a year ago, leaving holes in the plan, and some things ended up being overfunded, providing money to plug those holes.
Massachusetts tax collections beat estimates, state budget 'in good shape,' Deval Patrick's finance director says
Gov. Deval Patrick's proposed fiscal 2015 budget totals $36.37 billion, a 4.9 percent increase in spending.
Headlines: New Jersey
In a stunning reversal, Gov. Chris Christie today announced plans to grab, over two years, $2.43 billion meant for public workers' pensions to balance New Jersey's ailing state budget.
A light touch will be welcomed by lawmakers but not by fiscal conservatives.
In 26 states, revenues today are lower than they were at their early-recession peak, according to a new Pew analysis.
Virginia's protracted budget dispute has taken a surprising turn for the worse. New tax data suggests a $300 million shortfall this fiscal year, and that could compel fractious legislators to redouble efforts to find an elusive compromise.
The non-hazardous pension under the Kentucky Employee Retirement System has about 25 percent of the money it would need to cover obligations to retirees.
Alabama's state pension funds could run out of money within a decade if lawmakers do not address a looming shortfall, a new study from Troy University's free market think tank warns.