Budget Planning

K-12 Support Staff Hit by School Workforce Cuts

But employment losses in state and local education are still coming into focus.

The Draining of State Rainy Day Funds

COMMENTARY | At least 10 states have already tapped their emergency reserves, even as budget experts expect the worst revenue declines caused by the coronavirus pandemic to come in the months and years ahead.

Some States See Better Than Expected Revenues, But Budget Outlook Is Still Tough

Evaporating federal aid and uncertainty over what will happen next with the virus and the economic recovery are casting a long shadow over states’ finances.

Another Hurricane Barrels Toward Gulf Coast

STATE AND LOCAL ROUNDUP | Hospital capacity concerns in Nebraska … ‘Ticking bomb’ septic tanks in Florida … Oklahoma jail workers charged after making inmates listen to ‘Baby Shark’.

Treasury Secretary Suggests White House is Open To Deal on New State and Local Aid

Steven Mnuchin's remarks on Wednesday come as talks are restarting over the possibility of a coronavirus assistance package ahead of the upcoming election.

New Virus Relief Proposal Includes Less Aid for States and Localities

But there’s a chance it could help to revive stalled talks. House Democrats released their updated plan for a coronavirus assistance package on Monday.

Local Officials Say They Need More Time to Spend CARES Act Money, as Future Aid Remains in Doubt

State and local governments are up against a Dec. 30 deadline to use the coronavirus relief money, a timeframe that many local officials say should be extended.

Pandemic’s Uncertainties Hang Heavy Over Small City's Budget

Augusta, Maine has already resorted to layoffs and furloughs to slow spending. Looking ahead, there are still questions about what will happen with badly needed state aid and other revenues.

Parks Prove Popular During Pandemic—But Budget Cuts Loom

A June survey by the National Park and Recreation Association found that a majority of Americans consider parks an essential government service, but decreased revenue from the coronavirus pandemic is likely to threaten parks funding in the future.

Cuomo, Union Leaders Call on Congress to Provide New York $59 Billion in Aid

They say the state and its local governments are in an “impossible financial situation” because of the financial fallout from the coronavirus pandemic.

Capital Budgets and Maintenance in Line to Take Hits, Local Government Survey Finds

The new poll indicates that public works is an area that will see less funding as the coronavirus pandemic weighs on state and local government budgets.

In New Jersey, a Proposal for $1,000 ‘Baby Bonds’

Gov. Phil Murphy, who proposed the program on Tuesday, said it would be the first statewide initiative of its kind. But the added spending would come at a time when the state’s budget is strained.

Privatizing Airports Is a No-Brainer

COMMENTARY | Cities should sell their airports to close gaping budget holes.

For Cities, Path to Financial Recovery Could Be a Long One

“It takes years for cities to recover lost revenue,” said one of the authors of a new report that surveys the financial affairs of nearly 500 cities across the U.S.

Virus’ Hit to Sales Tax Revenues is Coming Into Focus and It’s Not Good

New data shows a 10%, or $42 billion, drop in state and local sales tax receipts in the second quarter. Factors like whether groceries are taxed appear to be affecting collections in some states.

New Jersey Could Allow Local Governments to Borrow to Avoid Budget Cuts

Lawmakers this week approved legislation that would allow county and municipal governments to issue "coronavirus relief bonds" they would then pay back over 10 years.

States Use COVID-19 Relief Dollars to Hold Down Business Taxes

Some Democrats want the money used to help workers more directly.

Coronavirus Impact on County Budgets Projected to Total More than $200 Billion

Increased costs related to the Covid-19 response coupled with decreasing revenues have counties bracing for a budget shortfall through at least the next fiscal year, according to a survey by the National Association of Counties.

‘One-Third of Our Income Is Gone’: A Rural State Faces a Big Budget Gap

Fallout from the coronavirus pandemic and downturns with oil, gas and coal have left Wyoming in a tough financial spot, with deep agency cuts and layoffs on the horizon.