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As a former state legislator, gubernatorial candidate and official with the General Accountability Office, State Budget Solutions President Bob Williams is a national expert in fiscal and tax policies.  Each week, he compiles the latest news and headlines pertaining to state budgets, collective bargaining and state public pensions into The Williams Report.  Bob's full biography can be found here.

 

Featured Content

IDAHO:

Governor orders more transparency on fiscal funds. Idaho Reporter

 

CALIFORNIA:

Unfunded retiree health care costs increase to $64.6 billion - an increase of $730 million over the last year. L.A. Times

 

ILLINOIS:

House Speaker Madigan's broken pension promise. Illinois Policy Institute

 

 

 


State Budgets

Updates this week:

Higher Education Performance Based Funding. Washington State Auditor's Office

Delaware: "The Delaware Economic and Financial Advisory Council discussed the April report, which found that, even with an additional $20 million in agency reallocations, there is still a $33.6 million hole in the current year’s budget, and a $22.2 million carryover into Fiscal Year 2015." Delaware State News

Kentucky: Lawmakers wrap up session by passing a $20.3 billion two year budget which increases funding for schools. Associated Press

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Pensions

Updates this week:

Alaska: House approves $3 billion transfer to pension system. Alaska Public Radio

California: CalPERS hikes rate $459 million and will push state payment to CalPERS to an estimated $4.3 billion for the next fiscal year (FY 2015) and $5 billion in FY 2016. Public CEO 

Illinois: New report: Taxpayers owe $56 billion. Fox Chicago

Oregon: Pulitzer Board vindicates Oregonian for pension reform push that Big Labor opposed. Washington Examiner

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