budget

New Jersey Gov. Chris Christie in file photo. (credti: Kena Betancur/ Getty Images)

NJ Property Tax Credits On Hold While Christie, Administration Work To Balance Budget

New Jersey’s property tax credits are on hold while Gov. Chris Christie and his administration work to balance the budget.

05/22/2014

(Image from NJ governor's office video feed)

Union Plans To Sue Gov. Christie Over Pension Cuts

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.

05/21/2014

(credit: CBS 3)

Gov. Christie Unveils Plan To Fix Unexpected Gap In New Jersey Budget

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.

05/20/2014

(credit: Cleve Bryan)

Budget Struggles Aside, Thunderbirds Soar At Joint Base MDL This Weekend

Rolling and zooming at more 700 mph the U.S. Air Force Thunderbirds are soaring back after being grounded last year due to sequestration.

05/09/2014

(The headquarters of the School District of Philadelphia, on North Broad Street near Spring Garden.  File photo by Mike DeNardo)

City Council To Hear From School District Officials On Proposed Budget

On Monday, City Council hears from school district officials on the so-called “empty shell” budget proposed for next year.

05/04/2014

(credit: CBS 3)

Experts May Have Predicted New Jersey Revenue Shortfall

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.

05/04/2014

(credit: CBS 3)

Lawmakers Trying To Figure Out How To Deal With NJ Budget Shortfall

New Jersey has 60 days to find an $800 million solution as an income tax shortfall leads to questions about cutting spending.

04/30/2014

(Photo by Kena Betancur/Getty Images)

More Budget Cuts Coming As New Jersey Tax Revenues Fall $800-Million Short Of Expectations

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.

04/30/2014

Tom Corbett (Photo credit MANDEL NGAN/AFP/Getty Images)

Pennsylvania Gets More Bad Budget News In April

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.

04/29/2014

SRC file photo. (credit: CBS3)

Shortfall in Philadelphia School District Lump Sum Budget

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.

03/27/2014

(credit: Lana Weinstein)

Art Show Gives Local Students Opportunity To Showcase Their Work

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.

03/08/2014

(credit: CBS 3)

Winter Storms Cost Delaware More Than $13 Million — With More Snow On The Way

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.

02/28/2014

(File photo.  Credit: CBS-3)

Winter Weather Takes Big Bite Out Of SEPTA’s Budget

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.

02/26/2014

(Philadelphia city councilman David Oh.  File photo by Mike Dunn)

Councilman Introduces Bill That Would Cut City’s Wage Tax

A city councilman says Mayor Nutter needs to ramp up in a big way, by making cuts to the much-hated Philadelphia wage tax.

02/08/2014

(Credit: Tony Romeo)

Lt. Governor Cawley Speaks To Dom Giordano About Top Issues In The State

Dom Giordano talked to Lieutenant Governor Jim Cawley on Talk Radio 1210 WPHT Wednesday about school funding, the transportation bill and gasoline taxes.

02/05/2014

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