#budget-shortfall

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California
Sacramento Bee
4 days ago
California

Gavin Newsom has navigated ups and downs of California's finances. Another test lies ahead

California Gov. Gavin Newsom faces significant budget shortfall, navigating tough financial decisions. [ more ]
Los Angeles Times
3 months ago
California

California lawmakers unveiled 14 reparations bills. None of them call for cash payments

The California Legislative Black Caucus has outlined the first set of reparations proposals for the descendants of African Americans who were enslaved in the United States.
The proposals include a formal apology, the prohibition of involuntary servitude in prisons, and the return of property seized by governments under race-based eminent domain. [ more ]
www.mercurynews.com
3 months ago
California

5 charts that explain the California Exodus

California experienced a population decline but it may be slowing down.
Residents leaving California took billions of dollars in taxable income to other states. [ more ]
Sacramento Bee
4 months ago
California

Newsom proposes cutting California state employee telework stipends due to budget gap

California Gov. Gavin Newsom plans to address a projected $38 billion shortfall by cutting telework stipends for state employees.
The proposed cut would save the state an estimated $51.2 million.
47% of the state's workforce teleworked in October 2023. [ more ]
Sacramento Bee
4 months ago
California

Gavin Newsom reveals plan to fix California spending deficit. What's in his $291 billion budget

Gov. Gavin Newsom unveils a $291.5 billion state budget to close a $37.9 billion budget gap.
Legislative leaders are considering potential cuts to social safety net and education spending to address the shortfall. [ more ]
moreCalifornia
San Jose Spotlight
5 days ago
Silicon Valley real estate

San Jose mulls diverting affordable housing funds - again - San Jose Spotlight

San Jose faces a structural shortfall of $50 million, considering raiding affordable housing funds for homeless sheltering needs. [ more ]
San Jose Spotlight
1 week ago
Education

Silicon Valley schools stuck paying for wellness centers - San Jose Spotlight

Funding challenges threaten the sustainability of wellness centers in Santa Clara County schools. [ more ]
www.mercurynews.com
1 month ago
Education

Millions of dollars in the red, Morgan Hill schools announce staff cuts to fight budget shortfall

Budget shortfall forces school staff cutbacks
Cost-cutting measures implemented to address deficit [ more ]
San Jose Spotlight
1 month ago
Education

East San Jose schools in jeopardy of shuttering - San Jose Spotlight

Residents celebrate postponement of middle school closure in East San Jose.
School district considers closing more campuses due to financial challenges. [ more ]
www.mercurynews.com
3 months ago
Education

Walters: Bigger California deficit could spell changes for schools

California's state budgeting process starts with projecting revenue, but these projections are often far from accurate due to the volatile taxation system.
The allocation of funds to public schools under Proposition 98 is based on these revenue projections, but the calculations are subject to interpretation and often do not align with reality. [ more ]
ABC7 San Francisco
4 months ago
Education

Oakland Unified faces tough budget decisions for future school years with $33 million shortfall

Oakland Unified School District faces a $33 million budget shortfall for the next school year
The district plans to adjust its budget by consolidating schools and cutting funding for certain programs. [ more ]
City & State NY
3 weeks ago
NYC politics

NYC commits $500 million for at-risk education programs

NYC Mayor Eric Adams and City Council pledge $514 million to save essential public school programs, covering half of the impending budget shortfall from expiring federal stimulus dollars. [ more ]
New York Post
3 months ago
NYC politics

How Mayor Adams wants donors to save New York

NYC Mayor Eric Adams is seeking help from wealthy donors to fill budget gaps.
Private philanthropic giving to the city has declined significantly in recent years. [ more ]
Los Angeles Times
1 month ago
Los Angeles

L.A. parks department could lose 341 vacant jobs under new budget-cutting plan

Elimination plan for 2,000 unfilled LA city jobs focused on budget shortfall
Significant cuts in Department of Recreation and Parks, Sanitation, Street Services, and Transportation. [ more ]
Los Angeles Times
3 months ago
Los Angeles

L.A. officials had been hoping to fill vacant city jobs. The new plan? Eliminate them

Los Angeles' political leaders are concerned about the large number of vacant positions in city government, hindering their ability to provide services.
A looming budget shortfall, fueled by new raises for public employees, may lead to a slowdown in hiring and elimination of vacant positions. [ more ]
Washington Post
2 months ago
US politics

After border bill failure, ICE considers mass releases to close budget gap

U.S. Immigration and Customs Enforcement (ICE) is planning to release thousands of immigrants and reduce the number of detention beds after a failed Senate border bill.
The budget shortfall and proposal create challenges for the Biden administration as illegal border crossings are expected to increase in the spring. [ more ]
www.mercurynews.com
3 months ago
East Bay (California)

Golden Gate Bridge toll would hit $10 under proposed increases

Golden Gate Bridge officials are considering four options for another round of toll increases that would break the $10 mark for all drivers.
The agency is facing a $220 million budget shortfall over the next five years if tolls are not increased.
The public will have the opportunity to learn about the financial needs and provide feedback on the toll increase options through online open houses and a public hearing. [ more ]
Truthout
3 months ago
Left-wing politics

Funding Fight in Congress Endangers Nutrition for Pregnant People and Babies

The Special Supplemental Nutrition Program for Women, Infants, and Children (WIC) is facing a $1 billion budget shortfall.
If the funding shortfall is not met, there could be waiting lists and the program may not be able to serve all qualifying participants. [ more ]
www.dw.com
5 months ago
Germany politics

Olaf Scholz gets backing from his SPD DW 12/11/2023

German center-left Social Democrats (SPD) are facing low poll numbers and dissatisfaction with Chancellor Olaf Scholz's work.
The government is dealing with a budget shortfall and disagreements on how to address it. [ more ]
www.theguardian.com
5 months ago
Germany politics

German heat pump rollout at risk as government ends climate subsidies

Germany has halted subsidies for key climate goals, potentially hindering the rollout of heat pumps and other energy efficient programs.
The government's budget shortfall and court ruling on pandemic-era borrowing have led to the pause in funding programs. [ more ]
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