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As the town faces a fiscal 2010 budget shortfall of between $200,000 and $600,000, the Board of Selectmen has started weighing different options to reduce the town's budget. Town Administrator Alan Coutinho presented the selectmen with a range of ways...
Delaware State Housing Authority officials appealed Thursday to the Joint Finance Committee to keep the agency's funding intact as the recession pushes the need for affordable housing and foreclosure prevention programs higher on the social-services priority...
A copy of the fiscal blueprint obtained by The Times shows that the deficit would be wiped out with $15 billion in cuts; $14.4 billion in new and increased taxes on sales, vehicles, gasoline and personal income; $12 billion in borrowing against future...
Investors may step into the forthcoming week with a tinge of optimism amid hopes that the interim budget for fiscal year 2009-10 will bring some cheer and relief to crisis-hit sectors. Analysts said that the government could announce more fiscal measures...
Tags: interim budget, budget, fiscal, government, year, stocks, record, 2009, obama
The commissioners are scheduled to continue their annual budget retreat this morning. The agenda calls for reviewing a list of proposed cuts to implement if revenues continue to fall through the end of the fiscal year on June 30. County manager David...
Tags: budget, budget cuts, fiscal, year
As Pennsylvania's budget deficit continues to swell, Gov. Ed Rendell is hoping that his new friend in Washington, D.C., will provide a key element to stop the bleeding. Mr. Rendell yesterday upped his estimate of the deficit in the $28.3 billion budget,...
Tags: budget, government, fiscal, Ed Rendell, year, Mr. Rendell
Kan. (AP) _ City and county officials across Kansas worry they'll be forced to increase property taxes or cut services because of Gov. Kathleen Sebelius ' budget proposals. Those proposals could cut state aid to local governments by a total of $151 million...
Tags: budget, fiscal, government, year, Kansas Local Officials Worry, obama
Even if the economy recovers, the primary budget balance will remain in deficit for the next decade unless the consumption tax is raised incrementally beginning in fiscal 2011, the government said in a report Friday. If the 5 percent tax is doubled over...
According to AP, the Congressional Budget Office forecast that the US budget deficit will top 1.2 trillion dollars by the turn of the 2009 fiscal year. The massive deficit projected by the CBO does not include incoming President-elect Barack Obama's expected...
Tags: deficit, budget, government, trillion, year, fiscal, 2009, obama, president, barack
During the first half of the current fiscal year, revenue to the state General Fund has grown by 2 percent over the same period last year, the state reported yesterday. That revenue growth is weak by historical standards and is below the 2.6 percent growth...