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  • Headlines: South Carolina

    Senators Working on $6.9 Billion State Budget

    WLTX.com | by Jennifer Bellamy | May 7, 2014

    The budget plan expands 4-year-old kindergarten and school reading initiatives but de-prioritizes money to local governments.

  • Headlines: Kansas

    Moody's downgrades Kansas' credit rating, citing sluggish recovery and risky tax plan

    The Kansas City Star | by Brad Cooper | May 7, 2014

    Plummeting revenues, underfunded pensions and millions in court-ordered school spending led Moody's Investors Service to cut the state's credit rating by a notch.

  • Headlines: Minnesota

    Minnesota revenue officials racing to get refunds out

    The Minneapolis Star Tribune | by Baird Helgeson | May 7, 2014

    The tax break passed in the middle of filing season has revenue officials scrambling.

  • Headlines: New York

    Public pension names public

    The Albany Times Union | by Casey Seiler | May 7, 2014

    New York state's highest court ruled Wednesday that the names but not the addresses of retirees who receive public pensions must be disclosed according to the provisions of New York's Freedom of Information Law.

  • Headlines: Florida

    Lawmakers pass budget

    The Tallahassee Democrat | by Bill Cotterell | May 6, 2014

    GOP leaders boasted of $3 billion in reserves, along with $500 million in tax and fee reductions - an election-year plum Gov. Rick Scott has been touting for months.

  • Headlines: Connecticut

    Gimmicks Needed To Make State Budget Balance

    The Hartford Courant | May 6, 2014

    Pushed into a corner by a lag in tax revenues, Gov. Malloy and the majority Democrats in the General Assembly are using gimmicks of their own in passing what they say is a balanced budget for the fiscal year that begins July 1.

  • Headlines: Wisconsin

    State budget panel to address winter road costs, UW surpluses

    The Milwaukee Journal Sentinel | by Jason Stein and Patrick Marley | May 6, 2014

    Wisconsin lawmakers will consider Tuesday paying off a pile of snowplowing and salt charges from a brutal winter and giving local governments additional money to help fill potholes left over from the cold.

  • Headlines: Kentucky

    Why One Kentucky State Pension is Outperforming the Other

    WKMS. | by Jonathan Meador | May 6, 2014

    In 2013, KRS reported a 12.7 percent return on its investment portfolio. KTRS, meanwhile, earned 19.7 percent, well above the national average of 16 percent on returns and placing it within the top 4 percent of pensions nationwide with assets over $1 billion.

  • Headlines: Pennsylvania

    Credit agencies threaten to downgrade PA over pension shortfalls

    Philly.com | by Eric Boehm | May 5, 2014

    During the past two weeks, all three major credit rating agencies have issued stern warnings to Pennsylvania policymakers in advance of the coming budget season.

  • Headlines: North Carolina

    State budget shortfall projected to be $445 million

    ABC11.com | by Fred Shropshire | May 5, 2014

    Proposed pay raises for teachers and state employees could be threatened by a North Carolina state budget shortfall.

  • Illinois

    Lawmakers propose fix to state pension overhaul

    The State Journal-Register | by David Mercer | May 5, 2014

    The Illinois Legislature is considering fixing a portion of a statewide pension overhaul that unwittingly takes a year of benefits away from university employees.

  • Headlines: Massachusetts

    Mass. pension plan ranks worst in US, study finds

    The Boston Globe | by Beth Healy | May 5, 2014

    According to the study, Massachusetts receives a "D" for it's plan's funding ratio, along with numerous other states. It received an "F" for making required contributions, with three other states. - New Jersey, Pennsylvania, and North Dakota.

  • Headlines: Pennsylvania

    Anemic tax collections add to state budget woes

    The Pittsburgh Post-Gazette | by Kate Giammarise | May 2, 2014

    Pennsylvania is facing an estimated budget shortfall of $1.3 billion through June 2015, according to a bleak revenue forecast issued by the state's Independent Fiscal Office.

  • Headlines: Connecticut

    GOP Lawmakers Blast Malloy's Budget Agreement

    NBC Connecticut | by Susan Haigh | May 2, 2014

    Connecticut's Democratic governor and legislative leaders announced they reached an agreement on a revised budget, saying it still includes funding for additional early childhood education slots and other major initiatives, despite a recent drop in the state's projected surplus by hundreds of millions of dollars.

  • Headlines: Massachusetts

    Massachusetts House approves $36B state budget

    The Boston Herald | May 1, 2014

    The Massachusetts House has passed a $36.2 billion state budget that would raise overall state spending by about 5 percent without new taxes and offers additional resources for the state's embattled child welfare agency.

  • Headlines: Colorado

    Colorado Governor Signs Budget With Increased Education Spending

    Businessweek | by Jennifer Oldham | May 1, 2014

    The budget, which includes federal funds, is about a 20 percent increase over the $21 billion allocated for fiscal 2014, which ends June 30.

  • Headlines: Connecticut

    Projected State Budget Surplus Collapses

    The Hartford Courant | by Christopher Keating | May 1, 2014

    Estimates of tax revenues down sharply in final week of budget negotiations.

  • Headlines: Florida

    Pension reform bill dies in Senate

    The Miami Herald | by Michael van Sickler | May 1, 2014

    For the second year in a row, it appears legislators will reject changes to the state's pension plan.

  • Headlines: New Jersey

    Christie may cut NJ budget to close growing shortfall, Treasury says

    NJ.com | April 30, 2014

    New Jersey's budget shortfall will grow to a staggering $807 million at the end of April, state officials announced while warning of a fiscal emergency that could force Gov. Chris Christie to make deep and unexpected cuts to several programs.

  • Headlines: Hawaii

    Hawaii lawmakers approve $12B state budget for FY2014-15

    KHON2.com | April 30, 2014

    The budget, which provides $6.189 billion in general funds and $12.147 billion in all means of financing, was characterized by House Finance Chair Sylvia Luke as measured and prudent.


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