Posts Tagged: revenue collection
Governors, Legislators Seek Concessions From Labor
Deep Cuts Applied to Higher Education and Scholarship Programs
K-12 Treading Water After Losing Stimulus Funds
Gov. Dannel Malloy’s two-year plan to deal with a $3.2 billion deficit (in the first year alone) relies on significant concessions from labor to the tune of $1.5 billion. Unions gave Malloy strong support in his race...
The good news is that the New England states are showing slight gains in revenue collections. The bad news is that it will not be enough to stave off a new round of budget cuts for the coming fiscal years. States are preparing budgets for FY12 and FY13 while addressing shortfalls in FY11 budgets. Most states have spent stimulus funds to avoid massive layoffs in K-12 districts and higher education....