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  • Headlines: Oklahoma

    After sluggish start, Okla. revenue trends up

    Businessweek | November 14, 2013

    For the first four months of the current fiscal year, collections to the fund are still 6.2 percent below the estimate used to write the current year's state budget.

  • Headlines: Maine

    Maine state revenues rise, but finance chief warns that federal shutdown, tax hikes could quickly darken pictu

    The Bangor Daily News | by Christopher Cousins | November 14, 2013

    The Legislature, as part of a biennial budget bill, temporarily raised the sales tax from 5 percent to 5.5 percent and meals and lodging taxes from 7 percent to 8 percent. Those higher rates took effect Oct. 1 and are scheduled to expire on July 1, 2015.

  • Headlines: Pennsylvania

    New state budget challenge surfaces for Corbett

    Daily Local News | by Marc Levy | November 13, 2013

    A drop in the amount of federal Medicaid matching dollars for Pennsylvania's services for the poor and disabled could be the latest significant budget challenge facing Gov. Tom Corbett.

  • Headlines: Tennessee

    Tough choices ahead in state budget says Governor

    WKRN | by Chris Bundgaard | November 13, 2013

    Governor Bill Haslam said he would be more "strategic and surgical" rather than do straight across-the-board cuts.

  • Headlines: New York

    New York State Officials Create Hotline To Report Pension Misconduct

    The New York Daily News | by Glenn Blain | November 13, 2013

    The state's Department of Financial Services is looking to the public for help in its probe for wrongdoing at government-run pension funds, including pension spiking, a practice through which employees load up on overtime in their final years of service to pad their pensions.

  • Headlines

    The price of college is rising faster for public schools than private ones

    Washington Post | by Niraj Chokshi | November 13, 2013

    Over the last decade, the price of a four-year college education has risen faster for public schools than private ones in every region of the country.

  • Headlines: Louisiana

    Court ruling questions Jindal budget balancing technique

    Advocate | by Michelle Millhollon | November 13, 2013

    A Baton Rouge judge ruled Tuesday that the Jindal administration and legislators should not have balanced the state’s operating budget by grabbing dollars from a retirement fund for probation and parole officers.

  • Headlines: North Dakota

    ND's budget triples since 2001-03

    Prairie Business | by Kyle Potter | November 12, 2013

    North Dakota's expenditures from its own general fund - made up of state taxes on income, sales, oil and more - have increased four times over during that dozen years.

    North Dakota’s expenditures from its own general fund – made up of state taxes on income, sales, oil and more – have increased four times over during that dozen years. - See more at: http://www.prairiebizmag.com/event/article/id/16711/#sthash.v2Dt1KG4.dpufNorth Dakota's expenditures from its own general fund - made up of state taxes on income, sales, oil and more - have increased four times over during that dozen years.
    North Dakota’s expenditures from its own general fund – made up of state taxes on income, sales, oil and more – have increased four times over during that dozen years. - See more at: http://www.prairiebizmag.com/event/article/id/16711/#sthash.v2Dt1KG4.dpuf
    North Dakota’s expenditures from its own general fund – made up of state taxes on income, sales, oil and more – have increased four times over during that dozen years. - See more at: http://www.prairiebizmag.com/event/article/id/16711/#sthash.v2Dt1KG4.dpuf
  • Headlines: Alaska

    Budget debate: Alaskans may need to brace for some cuts now, big cuts later or taxes

    The Anchorage Daily News | by Lisa Demer | November 12, 2013

    Political leaders have been warning of the impending fiscal crisis for many years but high oil prices have masked declining oil revenues.


    Read more here: http://www.adn.com/2013/11/11/3171198/budget-debate-alaskans-may-need.html#storylink=cpy
  • Headlines

    Stepping Up With a Plan to Save American Cities

    The New York Times | by Mary Williams Walsh | November 12, 2013

    Mayors and governors face a troublesome issue: the law says they have to keep their pension plans intact, but the cost is growing every year, and they are running out of ways to raise the money.

  • Headlines: Illinois

    In face of Chicago downgrade, IL legislature looks to more pension borrowing

    State Budget Solutions | by Cory Eucalitto | November 11, 2013

    With Fitch Ratings downgrading the City of Chicago's bond ratings, the state legisilature managing to only pass a largely ineffective bill for only the Chicago Park District's pension plan and a new report exploring the depth of the state's budget mess, things look bleak in Illinois.

  • Headlines: Louisiana

    Audit: Louisiana paid almost $2 million in health benefits for dead people

    Washington Post | by Reid Wilson | November 11, 2013

    Louisiana’s Department of Health and Hospitals has paid out almost $2 million in Medicaid benefits for low-income residents who couldn’t use the cash — because they were dead.

  • Headlines: Illinois

    Citing economy, pension worries, Fitch downgrades Chicago

    CNBC.com | November 11, 2013

    "The city has been unsuccessful in its attempts to negotiate a solution with labor unions and lobby the state legislature, which ultimately controls the benefit formula," Fitch said in a statement.

  • Headlines: Minnesota

    Lawmakers study costs of changes to state's pension plans

    The Pioneer Press | by MaryJo Webster | November 11, 2013

    Would it be financially feasible for the state of Minnesota to scrap its existing guaranteed retirement benefit and instead offer a 401(k)-like plan for public employees is the question vexing lawmakers on Minnesota's Legislative Commission on Pensions and Retirement.

  • Headlines: California, Michigan, Washington

    Rising prices outdoors might be revenue negative

    The San Francisco Chronicle | by Tom Stienstra | November 11, 2013

    California's budget problems for parks, fish and wildlife aren't unusual. Washington, Michigan and many other states are facing similar struggles.

  • Headlines: North Dakota

    Budgeting process far from straightforward

    Inforum.com | by Kyle Potte | November 11, 2013

    The North Dakota state budget is not just one big bucket the Legislature fills with tax dollars. It's more of a network of more than 75 buckets - each a different size, each that gets its own attention and funding.

  • Headlines: Illinois

    State pension crisis fix is pushed back again

    The Chicago Tribune | by Ray Long and Hal Dardick | November 8, 2013

    Illinois lawmakers leave without reaching deal to curb $100 billion debt and without a clear time frame for reaching an agreement to rein in the costs of the nation's worst-funded retirement system.

  • Headlines: California

    California unions to San Jose mayor: Drop your pension initiative

    The Sacramento Bee | by Jon Ortiz | November 8, 2013

    he measure would, among other things, change California's constitution so that state and local government employers could legally lower employees' pension terms prospectively.

  • Headlines: Massachusetts

    State braces for $65M revenue loss as drop in income-tax rate looms

    Boston Business Journal | by Craig Douglas | November 8, 2013

    The state's recent surge in income tax collections could prove a double-edged sword for Gov. Deval Patrick and Massachusetts lawmakers as they scramble to plug various holes in the current year's budget.

  • Headlines: Illinois

    No state pension deal on horizon

    The Southern Illinoisan | by Sara Burnett | November 7, 2013

    Illinois lawmakers Wednesday advanced tax breaks worth millions of dollars for corporations, but they were set to end their fall session without taking action on an issue that could be a roadblock for those deals: the state's $100 billion pension shortfall.


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