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.
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.
Civil Asset Forfeiture Under New Scrutiny Amid Calls for Police Reform
But with the economic instability caused by the coronavirus pandemic, some worry law enforcement and prosecutors could actually step up efforts to seize criminal defendants' property.
Budget Stress Presents Added Obstacle for School Reopening
School districts face extra costs to safely bring back students after shutting down due to the coronavirus. At the same time, the outbreak is pressuring state and local government budgets.
Support to Restore Nixed Municipal Refinancing Tool Grows in Congress
The 2017 federal tax overhaul eliminated tax-exempt advance refunding, but the coronavirus crisis has lawmakers looking at the possibility of bringing it back.
How Local Governments Navigate Covid-19 Budget Shortfalls
COMMENTARY | Local governments can counter new budget challenges by finding sources of untapped revenue.
Cities Delay Infrastructure Projects Amid Covid-19 Budget Uncertainty
A survey by the National League of Cities Found that more than 700 cities are cancelling or delaying infrastructure projects because of budget shortfalls caused by the pandemic.
San Francisco Voters to Decide on Taxing Companies With Outsized Executive Pay
Local elected leaders are sending the tax plan to the ballot, citing concerns about equity and the large hole that the coronavirus has blown in the city's budget.
A Governor Proposes Furlough Days, Some Layoffs to Help Balance Budget
Nevada is looking for ways to bridge a massive revenue shortfall brought on by the coronavirus.
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