With a $2.7 billion budget shortfall and continued economic uncertainty, Virginia Gov. Ralph Northam wants the General Assembly to postpone considerations of higher education spending, teacher pay raises and other spending initiatives he had hoped to include in the budget before the COVID-19 pandemic hit.
The General Assembly passed a biennial budget in April that gutted about $2.3 billion from the governor’s pre-pandemic budget proposal. The General Assembly was expected to reconsider some of these proposals based on new revenue projections in a special session that convened Tuesday, but Northam proposed a budget that maintained all of the cuts and urged the General Assembly to reconsider the spending initiatives when they reconvene in January. Read More
Police Departments across the country are in crisis as calls to defund the police, rioting, and the Covid Crisis threaten to sap existing resources.
A new study by the Police Executive Research Forum showed that almost half of the 258 departments surveyed are facing budget cuts. Portland City council approved a $15,000,000 dollar budget cut last month as the city struggled with riots. The Portland Police Department was forced to pay over $5,000,000 in overtime to deal with the unrest. Read More
Live from Music Row Tuesday morning on The Tennessee Star Report with Michael Patrick Leahy – broadcast on Nashville’s Talk Radio 98.3 and 1510 WLAC weekdays from 5:00 a.m. to 8:00 a.m. – Leahy was joined in the studio by Tennessee state Senator Kerry Roberts (R-Springfield).
During the second hour, Roberts and Leahy discussed Metro Nashville’s reluctance to cut state costs while marveling at the insensitivity of Mayor John Cooper’s ill-timed property tax increase proposal. Read More
A storm of skyrocketing unemployment paired with plummeting tax revenue have plunged the state budget into a multi-billion dollar deficit.
State Budget Office Communications Director Kurt Weiss told The Center Square in an email that tax revenues for this fiscal year are projected to drop between $1 billion and $3 billion.
There’s another $1 billion to $4 billion projected for Michigan’s next fiscal year, Weiss said.
Over 1 million people have filed for unemployment benefits, more than a quarter of the state’s workforce. Read More