At the same time, budget projections are by their nature "freighted with uncertainty," the report states. Budgets themselves rely on forecasts of the economy in general and state revenue in particular that look two and half years ahead.
Based on projections for state tax collections and working from the state's current spending levels with what the report describes as routine adjustments, but leaving out all new spending that state agencies are requesting, the report projects revenues would exceed expenses by $6.8 billion.
Metro proposes fare, service hikes in new budget plan - The Washington Post
Metro is proposing three-minute train waits in core service areas, discounts for low-income riders and its first fare hike in five years as part of a new budget plan that signals a return to normalcy after a debilitating pandemic and rail car shortage.
Metro General Manager Randy Clarke unveiled a draft Tuesday of his proposed budget for the fiscal year that begins July 1.
UPDATE 1-Ghana's parliament approves 2023 budget and revenue strategy
ACCRA, Dec 6 (Reuters) - Ghana's parliament on Tuesday narrowly approved the proposed 2023 budget, despite ire from opposition lawmakers over the inclusion of a debt exchange programme and increased value-added tax.
Finance Minister Ken Ofori-Atta last month proposed a budget that aimed to narrow Ghana's cavernous deficit with spending cuts and new revenue-generating measures. It also included a domestic debt restructuring programme.
City Council Approves 2023 Budget, Grant For T/CCI Ev Renovations, Continues Brush College ...
Project Highlights from the December 5, 2022 Decatur City Council meeting include the adoption of the City's 2023 Budget, a fiscal sponsorship agreement for EV renovations with T/CCI Manufacturing, and an agreement to relocate sanitary sewer to support the Brush College Grade Separation Project.
State budget surplus up to $17.6 billion - Session Daily - Minnesota House of Representatives
Minnesota Management and Budget officials released the November 2022 Budget and Economic Forecast Tuesday, saying the state's expected budget surplus is now $17.6 billion.
"Strong collections and lower-than-projected spending add to the FY22-23 surplus. Economic headwinds lower expected growth but large leftover surplus and healthy net revenues in FY24-25 create estimated $17.6B available for budget," according to a statement .
Rochester City Council approves 2023 operating budget - ABC 6 News - kaaltv.com
(ABC 6 News) – The Rochester City Council approved the 2023 Operating budget and Capital Improvement Plan Monday evening.
This is the first supplemental budget for the second year of the City's two-year budget process. Upon adoption, the 2023 supplemental budgets will serve as the basis for spending.
Dunkirk Council Quietly Holds Budget Talks | News, Sports, Jobs - Post Journal
A Dunkirk budget meeting was held Saturday in City Hall, but may have violated open meetings law. P-J file photo
The Dunkirk Common Council failed to properly inform the public about a budget meeting it held Saturday.
The media was not informed about the 11 a.m. meeting at City Hall. By state law, the public is supposed to be informed about governmental meetings ahead of time.
Tracking Penn State's private jet in a budget crisis · Spotlight PA State College
The Penn State Transparency Tracker is an ongoing effort by Spotlight PA to document and share the ways in which the university is, and is not, being transparent with the community.
STATE COLLEGE — While some major universities have private planes, publicly funded universities are typically required to disclose information about how those aircrafts are used and how much they cost.
Talking budget and beautification in Mt. Sterling - Columbus Messenger
Andy Drake, president pro tem of Mount Sterling council, describes the village's 2023 budget as conservative. The budget will be up for a third reading and potential vote at council's Dec. 12 meeting.
"We're trying to keep spending more or less flat. There will not be a giant increase in anything for any (department)," Drake said, comparing next year's budget to this year's budget.
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