New Jersey’s property tax credits are on hold while Gov. Chris Christie and his administration work to balance the budget.
New Jersey’s State Treasurer received the brunt of the tongue lashings appearing before the committee to give details of the Governor’s budget plan. He had strong words for supporters of raising taxes on the rich to fix the state’s finances.
Governor Chris Christie laid out a plan to fix a $807M budget hole by reducing payments this year and next year to the state pension fund by a total of $2.5B.
Rolling and zooming at more 700 mph the U.S. Air Force Thunderbirds are soaring back after being grounded last year due to sequestration.
On Monday, City Council hears from school district officials on the so-called “empty shell” budget proposed for next year.
With word this past week that New Jersey officials have fallen short, again, on projecting state revenues, there is a lot of scrambling to find ways out of the current $800 million hole by the end of June. And many experts are able to say, in effect, we told you so.
New Jersey has 60 days to find an $800 million solution as an income tax shortfall leads to questions about cutting spending.
New Jersey is forced to deal with yet another revenue shortfall, and that means budget cuts, perhaps major ones given the current spending plan is some $800-million dollars in the red.
Pennsylvania’s tax collections in the all-important month of April are lagging badly, and it’s threatening to knock Gov. Tom Corbett’s election-year budget proposal $1billion out of balance.
KYW’s Pat Loeb reports the School Reform Commission adopted a lump sum budget statement for next year with a $320 million dollar hole in it.
In an age where art programs in schools are threatened because of budget woes, an art show is celebrating the work of nearly 300 students from Montgomery and Bucks counties.
The state has bought 77,000 tons of salt so far and doled out over 82,000 hours of overtime pay to employees. That comes out to over $13 million spent in winter storm costs, nearly four times the amount originally budgeted.
As we continue to move through winter, budget impacts on agencies like SEPTA are beginning to be felt and so far, it’s in the millions of dollars.
A city councilman says Mayor Nutter needs to ramp up in a big way, by making cuts to the much-hated Philadelphia wage tax.
Dom Giordano talked to Lieutenant Governor Jim Cawley on Talk Radio 1210 WPHT Wednesday about school funding, the transportation bill and gasoline taxes.