Portland leaders prepare for potential $100 million budget shortfallPortland faces a budget deficit that has dramatically increased, necessitating significant spending cuts to manage the financial crisis.
Lurie faces massive budget problem-and his first defining political test - 48 hillsDaniel Lurie inherits a fiscal crisis and promises accountability without cutting essential services, emphasizing a need for collaborative solutions.
Guest Commentary: Muni Funding Working Group Reflections - Streetsblog San FranciscoMuni faces a $322 million deficit by 2026-2027, requiring urgent solutions to avoid detrimental service cuts and fare increases.
Lurie faces massive budget problem-and his first defining political test - 48 hillsDaniel Lurie inherits a fiscal crisis and promises accountability without cutting essential services, emphasizing a need for collaborative solutions.
Guest Commentary: Muni Funding Working Group Reflections - Streetsblog San FranciscoMuni faces a $322 million deficit by 2026-2027, requiring urgent solutions to avoid detrimental service cuts and fare increases.
Report: SFUSD School Closures Would Have Sent Kids to Lower-Performing SchoolsThe SF Unified School District is struggling with management issues regarding potential school closures and student transfers.
Q&A: Plan to bail out Bay Area public transportation would tax votersBay Area transit agencies face significant budget shortfalls requiring solutions to avoid service cuts and economic disruption.BART continues to struggle with fiscal issues and low ridership since the pandemic.
'Oakland's fiscal health is at significant risk': City triggers contingency budget, cuts underwayOakland faces an $80 million budget deficit necessitating significant cuts to city services, with emergency services potentially impacted.
Harrison J. Goldin, 88, New York City Comptroller in Fiscal Crisis, Is DeadGoldin was a pivotal figure in New York City's fiscal crisis during the 1970s, known for his combative style and political conflicts.He played a crucial role as comptroller, overseeing a $1.5 billion deficit and facing ongoing political challenges.
Market Confidence Could Quickly Crumble, BIS Warns Indebted NationsHeavily indebted nations face market confidence risk, cautioned BIS
How California's $100 billion surplus became a 'budget emergency'California faces a significant budget shortfall despite a previous surplus, impacting Governor Newsom's reputation and policy goals.