Chicago’s bond rating has dropped to BBB, raising concerns about future borrowing costs and financial stability. Chicago’s Bond Rating Falls to BBB, Just Above Junk Status Chicago: So, it looks like Chicago’s bond rating just took a hit. A couple of months back, a Wall Street agency warned that there was a good chance this…
Wisconsin’s budget claims are under scrutiny as Evers highlights financial changes since taking office Fact-check: Did Wisconsin’s General Fund Run a Deficit for 30 Years Before Evers Madison: As Wisconsin gears up for budget season, terms like “surplus” and “rainy day fund” are popping up everywhere. It’s that time when lawmakers, led by Democratic Gov.…
S&P downgraded Chicago’s credit rating due to budget issues and spending concerns Chicago Faces Credit Downgrade After Concerns Over Mayor Johnson’s Budget Chicago: So, the city just got hit with a credit downgrade from S&P. They’re saying the new budget for 2025 has some serious issues. Apparently, there’s a big gap in the budget, and…
Republican leaders in New Jersey are calling on Gov. Murphy to focus more on affordability in his upcoming budget proposal GOP Leaders Urge Gov. Murphy to Prioritize Affordability in New Jersey New Jersey: Assemblyman John DiMaio shared his worries about Gov. Phil Murphy’s upcoming budget while chatting with reporters after the state of the state…
Nebraska’s leaders must be honest about state finances to maintain public trust and accountability Time to Face the Truth About Nebraska’s State Spending and Finances Lincoln: It’s crucial for our leaders to be upfront about state finances. Half-truths can hurt the financial stability that impacts every Nebraskan. Accountability is key for good governance. Without it,…
Using last year’s enrollment for funding can help schools manage budgets better amid declining student numbers Funding Public Schools on Last Year’s Enrollment Could Stabilize Budgets Phoenix: So, here’s the deal. In the U.S., public schools get their funding based on how many students are enrolled. If more kids show up, they get more cash.…
Lawmakers reconvene in Richmond as Governor Youngkin outlines budget proposals Virginia General Assembly Returns After Delayed Start to 2025 Session Richmond: So, the Virginia General Assembly is back in action after a bit of a hiccup with a water crisis. Governor Glenn Youngkin kicked things off with his last State of the Commonwealth address. He’s…
Governor Youngkin’s budget proposals face pushback from Virginia Democrats in a recent address Youngkin Advocates Budget Plans in Address to Legislature; Dems Express Dissent Richmond: The General Assembly kicked off its session with Governor Glenn Youngkin urging lawmakers to elevate Virginia. Meanwhile, Democrats are pushing back, saying there’s no room for partisan games. With Democrats…
The Washington state legislative session has begun, focusing on a significant budget gap and various pressing issues. 2025 Washington Legislative Session Kicks Off with Key Issues Ahead Olympia: The 2025 Washington state legislative session has officially started! The opening ceremonies kicked off at noon today at the Capitol. Right now, everyone’s buzzing about a budget…
CPS is struggling with a budget crisis, prompting concerns about potential state intervention to address financial challenges. CPS Faces Financial Crisis, State Intervention Possible Amid Budget Woes Chicago: The new Chicago Board of Education is stepping into a tough situation. They’re facing a district that’s really struggling financially. There’s a budget that doesn’t add up,…
