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State Budgets

A collection of news and information related to State Budgets published by this site and its partners.

Top State Budgets Articles

Displaying items 1-11
  • Democrat John Chiang elected California treasurer, AP reports

    Democrat John Chiang elected California treasurer, AP reports
    Democrat John Chiang has won the contest for California treasurer, defeating Republican Greg Conlon. The treasurer is responsible for managing the state's debt, such as selling bonds that fund major projects.  The campaign was one of the quietest...
  • Proposition 1, a water bond measure, passes

    Proposition 1, a water bond measure, passes
    Proposition 1 has passed, AP reports. It authorizes state officials to borrow $7.12 billion and repurpose $425 million in bonds approved earlier to pay for new water projects. The measure includes $2.7 billion for storage projects, such as dams; $800...
  • Californians OK Proposition 2, on rainy day fund

    Californians OK Proposition 2, on rainy day fund
    Proposition 2, to strengthen California's rainy day fund, has passed, AP reports. A constitutional amendment with bipartisan support, the measure was placed on the ballot by the Legislature and Gov. Jerry Brown. Under the measure, state officials will...
  • Malloy Forced To Shift From Rebate To Reality

    The end of the legislative session has featured an unusual amount of gear-shifting by the state's leading policy-makers. The most notable came last week when reality forced Gov. Dannel P. Malloy to abandon his $55-a-person income tax refund under pressure...
  • The reason for California's tax volatility: We soak the rich

    The reason for California's tax volatility: We soak the rich
    The numbers are in, and they're eye-catching: Gov. Jerry Brown's "soak the rich" tax increase really did drench them. And it made California's harmful tax volatility that the governor regularly rails about even worse. Tax volatility — the...
  • Business as usual for Jerry Brown the day after primary victory

    Business as usual for Jerry Brown the day after primary victory
    The morning after taking a major step toward an unprecedented fourth term, Gov. Jerry Brown held no public events, nor did he rally with other Democratic candidates before a bank of cameras. Instead, Brown went to his office Wednesday morning and worked...
  • Inheritance Windfall: Record-Breaking Year For Estate Taxes Helps Fuel Budget Surplus

    Inheritance Windfall: Record-Breaking Year For Estate Taxes Helps Fuel Budget Surplus
    Even if death and taxes are the only things certain in life, state legislators say they can never be certain about death taxes. With no crystal ball and no idea when spectacularly wealthy Connecticut residents might die, state officials make an educated...
  • Gas tax, gambling, still broke [Editorial]

    A tax on gasoline went into effect in Harford County and across Maryland on Monday, adding about 4 cents to the cost of a gallon. Next year, that will increase again, and the same thing will happen the following year, then in 2016, the final increase in...
  • Hollywood's new financiers make deals with state tax credits

    Hollywood's new financiers make deals with state tax credits
    ATLANTA — Ric Reitz makes movies. He helped bankroll the Matt Damon thriller "Contagion," Clint Eastwood's "Trouble With the Curve" and the Robert Downey comedy "Due Date." Reitz, an energetic 58-year-old, doesn't hang out at the Polo Lounge, red-...
  • Tax system desperately needs retooling

    Tax system desperately needs retooling
    SACRAMENTO—Gov. Jerry Brown's proposed rainy-day reserve is better than nothing, but it falls far short of what the state really needs to fix its cockeyed tax system. The governor is attempting to treat the symptoms of revenue instability rather...
  • Keep tax hike or face stark cuts, Quinn says

    Keep tax hike or face stark cuts, Quinn says
    Gov. Pat Quinn and ruling Democratic lawmakers united Wednesday around what they say is a stark election-year choice — vote now to make permanent the temporary income tax increase they installed three years ago or face major cuts in state spending...