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Budget Shortfall

All articles tagged with #budget shortfall

Colorado’s 2026 Legislature Tackles Housing, Health Care and AI Rules Amid Budget Gap
politics1 month ago

Colorado’s 2026 Legislature Tackles Housing, Health Care and AI Rules Amid Budget Gap

Colorado’s 2026 session opens with an $850 million budget shortfall as Democrats push an affordability agenda—from affordable housing measures like the HOME Act and casita expansions to price transparency and health-insurance relief—while also pursuing AI regulation, data-center oversight, energy policies for low-income customers, and labor and public-safety reforms, all amid local-government pushback and partisan dynamics.

via The Colorado Sun|
#artificial-intelligence#budget-shortfall#colorado
WA Governor Proposes Budget Cuts and Reserve Fund Use to Address $2.3B Gap
state-government2 months ago

WA Governor Proposes Budget Cuts and Reserve Fund Use to Address $2.3B Gap

Washington Gov. Bob Ferguson proposes using reserve funds, climate law revenues, and spending cuts to address a $2.3 billion budget shortfall without raising taxes, while also supporting increased spending on public services and infrastructure. The plan includes controversial moves like redirecting climate auction proceeds and making across-the-board cuts to education and government programs, with Republican critics dismissing it as accounting tricks.

via Washington State Standard|
#budget-shortfall#climate-law-revenue#gov-ferguson
Ann Arbor School Board Approves Staffing Layoffs Amid $25M Budget Shortfall
education1 year ago

Ann Arbor School Board Approves Staffing Layoffs Amid $25M Budget Shortfall

The Ann Arbor School Board has approved staff layoffs as a measure to address a projected $25-million budget shortfall, just days before a corrective action plan is due to the state. The majority of the district’s remaining bargaining units will be affected by the layoffs, which were approved by a 4-3 vote, with three board members voting against the motion.

via MLive.com|
#ann-arbor-school-board#bargaining-units#budget-shortfall
NJ Transit Approves 15% Fare Hike Despite Protests
transportation1 year ago

NJ Transit Approves 15% Fare Hike Despite Protests

NJ Transit officials have approved a 15% fare increase for train and bus commuters, set to take effect on July 1, with potential 3% increases annually thereafter. The decision, made in response to a $120 million budget shortfall for the year and nearly $1 billion shortfall by 2025, was met with opposition from the public and criticism from New Jersey state Senate Republican Leader Sen. Anthony Bucco, who accused the Murphy administration of betraying its promise to make New Jersey more affordable. Officials cited the fare hike as an alternative to service cuts and called for more funding from Gov. Phil Murphy and the Legislature.

via News 12 New Jersey|
#budget-shortfall#fare-increase#gov-phil-murphy
Ann Arbor Public Schools Grapple with $25M Budget Crisis, Issue Layoff Notices
education1 year ago

Ann Arbor Public Schools Grapple with $25M Budget Crisis, Issue Layoff Notices

The Ann Arbor School Board has voted to issue layoff notices to members of the Association of School and Community Service bargaining unit as part of efforts to address a projected $25-million budget shortfall. The decision comes after a decline in student enrollment, an increase in staff positions, and recent raises for teachers contributed to the deficit. The board aims to provide affected employees with more time to plan for potential job loss, but some members expressed a desire for additional input and information before issuing layoff notices.

via MLive.com|
#ann-arbor-public-schools#budget-shortfall#education
"Ann Arbor Public Schools Grapple with $25M Budget Crisis and Layoffs"
education-budget-cuts1 year ago

"Ann Arbor Public Schools Grapple with $25M Budget Crisis and Layoffs"

Ann Arbor Public Schools is facing a $25 million budget cut for the next school year, leading to anticipated staff layoffs due to a shortfall discovered in an audit. The district attributes the challenges to an increase in staff, a decline in school enrollment, and recent raises for teachers and staff members. Interim Superintendent Jazz Parks stated that the cuts will begin at the central office and administrative positions, and the district is expected to make staff and program reductions despite efforts to address the budget challenge. This situation reflects a broader trend of budget woes in school districts across the country as federal pandemic relief aid diminishes and school enrollment declines.

via Detroit Free Press|
#ann-arbor-public-schools#budget-shortfall#education-budget-cuts