Taxes
Covering topics such as bonds, cryptocurrency, federal aid and pensions.
States’ overall fiscal cushions are quickly eroding, leaving states with fewer resources to address widespread current and projected budget imbalances.
They are trying to take advantage of massive federal funding now available for broadband expansion and must deal with multiple hurdles. Resistance from major providers is just one of them.
Ten California cities in the Bay Area will receive federal grants to plant, maintain and restore trees to increase the green canopy in poorer urban areas. Oakland and San Jose will receive $8 million and $6.6 million, respectively.
The vast majority of Americans will be able to get the new vaccines at no cost through their insurance or from public health sources. But making sure it’s the right match for your plan to avoid paying can be challenging.
The administration announced a new initiative that would potentially help tens of millions of people by eliminating information that can depress consumers’ scores as a result of medical debt.
In hopes of luring in chipmakers, states have been increasing their incentives for semiconductor manufacturers so that they may capitalize on the long-term economic development opportunities.
About 70 percent of those in the Florida county’s jail are classified as undergoing treatment for a mental health condition, making it the largest psychiatric institution in the state. The jail spends $848,000 a day to “warehouse” the inmates.
With federal deficits soaring, bond issuers may face higher financing costs. State and local cash managers shine for now, but all eyes will be on the coming congressional budget battle.
Mayor Jacob Frey’s 2024 budget includes millions set aside over the next two years to comply with court orders to end racist and unconstitutional policing in a plan for new spending and new positions.
Only eight states have enacted legislation to sustain the three-digit crisis phone number through phone fees. Some have budgeted for short-term funding but many have not made any long-term plans to provide support.
The plan is the largest EV charging incentive program in the country and the rebates for charging equipment can cover 50 percent of a project’s costs or up to $100,000. The state aims to have 250,000 public chargers by 2025.
The state Assembly voted 53-14 to give employees on strike access to state unemployment insurance benefits, despite concerns about an indebted and poorly structured fund. The Senate will consider the bill next.
A task force has recommended making cash payments to the descendants of American slaves to address over-policing, mass incarceration, housing discrimination and health disparities. But a majority of voters oppose the idea.
Since April 2022, nearly 110,000 migrants have made their way into the city, with about 60,000 still in the city’s care. Without more support from the federal government, Mayor Eric Adams does not see a solution to the issue.
Greater investment is key, enabling smaller classes with better-paid teachers, and most state and local governments have the money. But our public schools also need leadership stability and more parental involvement.
They are a key source of funding for transportation infrastructure, but have been shrinking for years. Two new reports explore possible alternatives.
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