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Funding Board Adopts Conservative Revenue Projections
18 hours ago ago from Roane County Democratic Party
From Erik Schelzig of the AP: The Tennessee State Funding Board on Friday agreed to a range of revenue estimates that dips below the predictions of economists previously consulted by the panel. The four board members voted to set the general fund growth rate at between 1.8 percent and 2.3 percent for the budget year beginning July 1. Five economists earlier this week forecast a growth rate of between 1.99 percent and 3.5 percent. ...
Related contentEstonian budget revenue totals 90.2% of target in 11 months
13 hours ago ago from BONJOUR L'ESTONIE
Estonian budget revenues totaled 76.7 billion kroons by the end of November 2009 , which made up 90.2% of the target for the full year, BBN/LETA reported, referring to Estonia's Finance Ministry's data. Expenditures of the Estonian state totaled 78 billion kroons, making up 85.4% of the expenses expected for the year. The government sector shortfall will probably not exceed 3% of the gross domestic product (GDP), the Ministry of ...
Related contentThe Texas GOP and the Texas budget
11 hours ago ago from Eye on Williamson
Jason Embry had a good article about the budget conundrum we're facing in Texas during the next budget cycle, Because of shrinking revenue, Texas may need $15 billion to balance budget . Embry does a great job of pointing out how we got here the tax swap of 2006 has never produced the money that was projected and created a structural deficit. And what the GOP leaders priorities are. It's starts out showing how Lt. Gov David Dewhurst is ...
Related contentIt’s almost as if the answer were staring us right in the face
17 hours ago ago from Off the Kuff
Same song , I forget which verse. As compared with a year earlier, sales tax collections were down 14.4 percent in November, and those kinds of returns have hastened budget-cutting talk. But what's really driving the conversation is a decision that lawmakers made in wealthier times to put property tax cuts at the top of the state's permanent priority list. In 2006, facing an order from the Texas Supreme Court, lawmakers passed a ...
Related contentSolyndra Raised Close to $1B, and Other Fast Facts From Its S-1
23 hours ago ago from Earth2Tech
One of the most interesting parts about a startup registering for an IPO is that the company has to file an S-1 form, which is made publicly available on the Securities and Exchange Commission's web site. If the startup is particularly stealthy, then an S-1 can be the first time a lot of information about the company's financials, business model, and operating costs become available. That's the case with Solyndra, a thin film solar tube maker ...
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Okla. treasurer: State faces additional shortfall
8 hours ago ago from U.S. News
Okla. treasurer: State faces additional shortfall OKLAHOMA CITY (AP) -- Oklahoma Treasurer Scott Meacham said Monday that even with budget cuts that have already been made, state government will face a $530 million shortfall this year. And things don't look much better for the next fiscal year, which starts in July. Meacham said lawmakers will have about 20 percent less in funding than they budgeted for the current fiscal year due to the ...
Related contentIt’s Tax Time for the Savvy and the Quick
2 hours ago ago from The New York Times
With the holidays in full swing, tax season seems like a long way off. But there are only 10 days left to lower your 2009 tax bill. Your Money Guides Taxes David McNew/Getty Images Vahag Petrossian with a Ford Taurus in Glendale, Calif. Motorists might qualify for a tax break if they buy before Dec. 31. Along with the perennial advice, there are some tax breaks that are specific to 2009 but will require you to ...
Related contentStates' jobless funds are being drained in recession
1 hour, 20 minutes ago ago from Washington Post - Business
The recession's jobless toll is draining unemployment-compensation funds so fast that according to federal projections, 40 state programs will go broke within two years and need $90 billion in loans to keep issuing the benefit checks. This Story The shortfalls are putting pressure on governments to either raise taxes or shrink the aid payments. Debates over the state benefit programs have already erupted in South ...
Related contentKy. economists to meet to make revenue forecast
13 hours ago ago from U.S. News
Ky. economists to meet to make revenue forecast FRANKFORT, Ky. (AP) -- A panel of Kentucky economists will meet Monday afternoon to forecast tax revenues for the coming year. Those economists from Kentucky universities serve on a financial forecasting group that advises state officials on revenue expectations. Their work has been especially noticed during the economic recession when state revenues plummeted, causing widespread cuts to ...
Related contentCasino Approval Tops List Of 2009 Ohio Stories
15 hours ago ago from
Search: Keyword Site Web | RSS + - Text Size Print Share This Casino Approval Tops List Of 2009 Ohio Stories Associated Press Published: December 21, 2009 It was more than two decades in the making. Voters hit hard in 2009 by the state's highest unemployment rate in more than 25 years authorized ...
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