The Georgia House overwhelmingly approved a $20.8 billion budget Monday for the upcoming year that includes more funding for pay raises and construction projects across the state.
This year, the backdrop is the scheduled expiration of much of the 67 percent income-tax rate increase Democrats that Illinois Senate President John Cullerton, House Speaker Michael Madigan and Gov. Pat Quinn pushed through three years ago.
With revenues and staffing still below pre-recession levels, many local and state governments face a new financial strain from storm-related increases in spending on overtime pay, contractors and supplies.
Minnesota's rainy-day fund could get a major boost this year if the state's next economic forecast still shows a budget surplus when it's released later this month.
The state House of Representative on Thursday passed a bill that would require the Legislature to annually pay the actuarially required contribution amount needed to keep the state pension system on track to become fully funded.
Headlines: South Dakota
The House Appropriations Committee voted 5-4 to kill the funding proposal after a state budget official said it could be difficult to find money to pay for the extra school aid.
Headlines: New Mexico
A $6 billion budget proposal was sent back to a New Mexico House committee Wednesday for possible revisions to try to break a stalemate over education spending.
Headlines: Rhode Island
After a false start earlier this week, the Federal Mediation and Conciliation Service has announced that it will hold a news conference at 4:15 p.m. Friday "to report on the ongoing court-ordered mediation to resolve pension litigation."
Republicans worry the looming budget gap for health programs like Medicaid could mean cutting services and/or raising taxes in the 2015-17 budget, while Democrats think the hole could be closed without needing either.
Cash-balance plan would protect against losses, at-risk employees have pension option in hybrid approach.