The new congressional stimulus package does not include direct aid for states and localities. Only a few states have seen revenues increase from last year, meaning cutbacks are coming due to COVID spending pressures.
Still with a few weeks to go, the campaigning for Georgia’s congressional Senate runoffs has already exceeded $370 million. Overall, nine of the 10 most expensive Senate races occurred this year.
The COVID-19 pandemic recession has revealed major cracks in our systems of public finance, from the way we tax to the limits of fiscal federalism. We need to get to work on repairs.
The company will provide financial support to the state’s economic recovery initiative that will fund local nonprofits, cover worker wages and help bring students back to classrooms.
North Carolina accidentally “overpaid” thousands of residents in unemployment benefits and now asks that the claimants give some back. The total overpayment is estimated at $61.5 million.
The county approved the budget, which includes a one-time bonus of $1,000 per county employee to help offset the impacts of COVID-19. The county also focused funds on climate change measures.
A coalition of nonprofit community groups have been distributing one-time stipends between $1,000 and $3,000 to families impacted by COVID-19. The groups hope that investments like this continue in the future.
Local governments have come to rely more and more on user charges to fund municipal operations. They're being challenged through the lens of equity and social justice, and they warrant a review.
New data shows that nearly 4,000 businesses received Paycheck Protection Program loans of $1 million or more, which accounts for 38 percent of the total money spent statewide.
The California Dream Index aggregates indicators of equity to determine how the state is faring in its fight against economic inequity, and according to the numbers, there hasn’t been any improvement since 2010.
More than 300 medical providers and nonprofit organizations in Lackawanna County received $73.8 million in coronavirus aid, but officials say it isn’t enough to cover their losses. Many are hoping for a second round of aid.
