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Minnesota legislature OKs new higher top income tax bracket
ReutersMINNEAPOLIS, May 20 (Reuters) - Minnesota's lawmakers on Monday approved a bill that would raise more than $2 billion for the upcoming two-year budget through income and other tax increases, allowing the state to close a $627 million structural budget...Tags: Personal Income, Labor Disputes, Public Officials, Mark Dayton, Mall of America
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Council Cuts $8.6 Million From Segarra's Proposed Budget
The Hartford Courant— After hours of backroom deliberations and deal making, the city council on Monday voted to cut $8.6 million from Mayor Pedro Segarra's $543.9 million budget proposal. The cuts include reductions of $2 million to the police department; $1...Tags: Layoffs and Downsizing, Economy, Business and Finance, Unemployment, Pedro E. Segarra, Career and Workplace
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City school system passes $1.2B budget
The Baltimore school board unanimously passed a $1.2 billion budget Monday that essentially remained intact since it was presented. The last budget of outgoing schools CEO Andrés Alonso includes cuts to per-pupil funding and high schools but retains...
Tags: Economy, Business and Finance, Students, Teaching and Learning, Finance, Corporate Officers
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Plainville Sets New Tax Rate
The Hartford Courant— A modest 0.5 mill tax increase won quick approval Monday night from the town council, completing the budget process for the new fiscal year that begins July 1. The new rate is $31.88 mills, which mean taxpayers will be charged $31.88 foir every...Tags: Plainville
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Gov. Scott vetoes 3% tuition hike, $368M in projects
TALLAHASSEE – Gov. Rick Scott vetoed $368 million in lawmaker pet projects Monday and blocked a 3 percent tuition hike for Florida colleges and universities. The tuition increase passed earlier this month was a small piece of the overall $74.1...
Tags: Rick Scott, Education, Pine Hills, Broward College, Brevard County
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State Revenue Surge A Bad Reason To Spend More
The Hartford CourantA tidal wave of individual income tax payments flooded federal and Connecticut coffers this April, surprising even budget officials, who should have seen it coming. The surge was cause primarily by a predictable increase in 2012 long-term capital gains...Tags: Executive Branch, Personal Income, Taxation, Congressional Budget Office, Politics
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New sheriff seeks 14 percent budget increase
Broward County's new sheriff wants more money. Some $93.7 million more. That amounts to a 14 percent budget hike — or about half the price of the new county courthouse under construction. Broward Sheriff Scott Israel would use the money to add 72...
Tags: Local Government, Career and Workplace, Collective Contract, Israel, Politics
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Debt limit resets at higher level, budget impasse grinds on
ReutersWASHINGTON (Reuters) - The government added $306 billion in new debt during a four-month suspension of the federal borrowing limit, the Treasury Department said on Monday, but there was no sign on Capitol Hill of any movement toward a budget compromise....Tags: U.S. Congress, Jack Lew, U.S. House Committee on the Budget, Congressional Budget Office, Politics
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US Treasury secretary says he has begun tapping federal retiree pension fund to avoid default
AP Economics WriterWASHINGTON (AP) — Treasury Secretary Jacob Lew said late Monday he will begin tapping into two government employee retirement funds to buy more time before the U.S. Treasury is faced with the prospect of defaulting on the national debt. In a letter...Tags: Standard & Poor's Financial Services LLC, Barack Obama, U.S. Congress, Economy, Business and Finance, Jack Lew
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Governor vetoes funding for 'Big Brother' program
Florida taxpayers won't be paying for a controversial $3.2 million plan to stem violence in Palm Beach County. Gov. Rick Scott vetoed $1 million from the state budget that was part of funding for the county's "Violence Prevention Program," designed to...Tags: Health, Executive Branch, Rick Scott, Mental Health, Palm Beach County
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Southington School Board To Adjust Budget
The Hartford Courant— Revising school district plans to fit a slighter smaller budget adopted last week by the town will be the main priority of the board of education when it meets Thursday, board chairman Brian Goralski said Monday. "The BOE meeting this Thursday...Tags: Southington, Politics, Berlin, Elections
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Sheriff Israel asks for $93.7 million more, 14% increase
UPDATED with information from BSO The first details of the new Broward County sheriff's budget have emerged: He's asking for a $93.7 million increase in spending, or 14 percent more than was approved last year. To put the number into context, it's...Tags: Health Insurance Cost, Economy, Business and Finance, Al Lamberti, Israel, Broward County Sheriff's Office
May 20, 2013
|Story| Reuters
May 20, 2013
|Story| Hartford Courant
May 20, 2013
|Story| Baltimore Sun
May 20, 2013
|Story| Hartford Courant
May 20, 2013
|Story| South Florida Sun-Sentinel
May 20, 2013
|Story| Hartford Courant
May 20, 2013
|Story| South Florida Sun-Sentinel
May 20, 2013
|Story| Reuters
May 20, 2013
|Story| AP Broadcast
May 20, 2013
|Story| South Florida Sun-Sentinel
May 20, 2013
|Story| Hartford Courant
May 20, 2013
|Story| South Florida Sun-Sentinel
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