#budget-deficit

#budget-deficit

The UK government borrowing surpassed forecasts in June, with a budget deficit of £20.7 billion driven by a surge in debt-interest payments.

Effective Tuesday, Golden Gate Bridge tolls will increase by 50 cents, raising the cost for most drivers to $10, while two-axle vehicles will pay $10.75. FasTrak customers will be charged $9.75, while pay-as-you-go account users will be charged $10. This increase is part of a strategy to recover from pandemic-related financial losses and to narrow a projected $220 million budget deficit for the Golden Gate Bridge, Highway and Transportation District.

The resignation of Ana Alvarez, less than six months into her tenure as Hayward's city manager, highlights the tumultuous transition period the city is undergoing.

Starting from July 1st, French motorway workers are set to strike throughout the summer holiday period, raising concerns for travel on the A8.

Albright College's decision to auction its art collection, driven by a multimillion-dollar budget deficit, raises questions about the care and future of the artworks.

We need to lead with our values, which are rooted in community and care and not greed and profit.

Claussen, who became assistant city manager in 2022 after working in the finance department, will work his last day in Hayward on Friday after 11 years.

"You just have to do it," Caltrain spokesperson Dan Lieberman told SFGATE about the massive investment in electric trains, a project that cost nearly $2.5 billion. "When you deliver a better service, you start seeing the results we have right now. People can't get enough of it."

"I think an LGBTQ leadership program is great, but we need to help stabilize our LGBTQ youth and get them to a safe location to live."

"This budget would look very different if we didn't have the direction to reallocate funding for Measure E to support homeless, sheltering and supportive services."

The city has paid more than $1.6 million in excess overtime since 2018, highlighting a significant oversight in budget management and financial accountability.

Suffolk County may face a $91 million debt from illegal fees of its red-light camera program, casting shadows over its upcoming budget amidst a $552 million deficit.

They used to teach us about collection highlights and the history of the museum. Now they're teaching us the difference between Birkin bags and Kelly bags.

The only way to get the budget under control is by raising revenue and reducing expenses.

Ray Dalio, the founder of hedge fund Bridgewater Associates, said he met with House Budget Chair Jodey Arrington and House Republicans to discuss the national debt on Tuesday.