Budget

Wikimedia Commons

Tennessee Governor Bill Haslam wraps up budget hearings for fiscal year 2013-2014 tomorrow. Despite improving state revenues, Haslman has asked state departments to develop plans for a fallback 5 percent spending cut.

Wikimedia Commons

From NPR: For most of us, Election Day marks a welcome end to months of relentless political ads and partisan bickering. But in an age when the rules about when it's OK to express one's political opinion seem to have frayed, what if someone decides the line at the polling station is the place to talk politics?

"Money" by Tax Credits, Flickr Commons, (CC BY 2.0)

Tennessee Governor Bill Haslam is starting the annual state budget hearings for the next fiscal year this week in Nashville.

Kentucky Reports Increased Tax Revenue

Oct 10, 2012
www.en.wikipedia.com

Kentucky’s General Fund receipts increased by more than 5 percent in September, thanks in part to a big increase in corporate income tax revenue. Those receipts increased by more than 26 percent. Lottery and individual income tax receipts also rose by more than 8 percent. State Budget Director Mary Lassiter says those increases helped offset losses in property, cigarette, and coal severance tax revenues. She says the coal revenue fell about 19 percent due to a downturn in the state’s mining industry.

"Money" by Tax Credits, Flickr Commons, (CC BY 2.0)

State budget officials say they are paying close attention to revenue as the state budget sees a flat growth at the start of the fiscal year.

Budget director Mary Lassiter says in her monthly briefing that August revenues ticked up, helping make up 2 percent of losses in July. But that leaves revenues flat, while forecasters had expected an almost 3 percent growth this year.

Lassiter says while warning alarms aren'’t going off yet, steady declines in income and sales taxes is giving her office causes for concern.

Hopkins County school clinics may be the latest casualty in a series of budget cuts to the County Health Department. 

www.paducahconventions.com

The Paducah/McCracken County Convention Center Corporation will enter the next fiscal year with a balanced budget. 

The top Democrat and top Republican in the Illinois House traded jabs yesterday in a heated confrontation over state budget issues. 

State Judicial Budget Woes

May 11, 2012
Wikimedia Commons

Some of Calloway County’s 12 deputy court clerks are entering data at their desks and filing paperwork in massive filing cabinets while others assist county residents at walk-up windows. The clerks, like many are leery of state budget which cut most state agencies 8.4%.

Tennessee State Revenue More than Budgeted

May 9, 2012

Tennessee has collected $190 million dollars more than budgeted so far this fiscal year. Finance and administration officials say April collections were 9.6 percent over those in April a year ago. Sales tax collections for April recorded their 25th straight month of growth. 

Pages