News & Analysis as of

State Budgets Deficit Reduction

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (2/12)

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Civic Federation Says Illinois Should Extend Sales Tax to Services to Help Bridge $3B Budget Deficit - “Illinois should extend its sales tax to services like haircuts, dry cleaning and plumbing, the nonpartisan Civic...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (2/3)

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Heading into budget season, Gov. JB Pritzker faces major challenge to show ‘Illinois can govern itself’ - “With Gov. JB Pritzker still weighing whether to seek a third term, the firmer foundation he’s laid for Illinois’...more

Brownstein Hyatt Farber Schreck

California State Budget 2025-26

The governor’s 2025-26 budget proposal breaks the cycle of deficits past with a cautiously optimistic projection of a $322.2 million surplus. The source of this modest surplus, which comes as a great surprise to many still...more

Cozen O'Connor

Cozen Cities - January 31, 2024

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CHICAGO — Chicago Rideshare Drivers Looking for Safety Solutions- Chicago Gig Alliance organizer Lori Simmons is leading the charge in demanding city officials take action in response to a rash of recent rideshare driver...more

Stinson LLP

Minnesota Legislature Adjourns in Seven Days: Bonding Projects Will Dominate Discussions

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After learning that the pandemic has left an approximately $2.4 billion hole in Minnesota's general fund budget, legislators are left with only seven days to complete their work before next Monday's May 18 constitutional...more

Stinson LLP

From Feast to Famine: Minnesota Budget Forecast Projects $2.4 Billion Deficit

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In less than 60 days, Minnesota's state budget has taken a $4 billion hit to its bottom line. Minnesota Management and Budget Commissioner Myron Frans announced today that the global pandemic is responsible for a severe...more

Bennett Jones LLP

Pre-Budget Analysis of Government Finances

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Governments are currently busy, or will be soon, preparing annual budgets that will be tabled in the months to come. The fiscal health and prospects of the provinces and federal government vary significantly. Whatever...more

Winthrop & Weinstine, P.A.

July Economic Update Reports $463 million more in Revenue

Minnesota Management and Budget’s (MMB) July Economic Update reported that general fund revenues for FY 2013 have increased $463 million since the February Forecast. This revenue increase must be reconciled by MMB with any...more

Stoel Rives LLP

Tax Law Alert: The 2nd Special Session of the 2013 Washington Legislature Adjourned on June 29

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The 2nd Special Session of the 2013 Legislature adjourned sine die on June 29, 2013. The accomplishment of this session was passage of a state budget, which had eluded state legislators through the Regular Session that ended...more

King & Spalding

Investing In Georgia: Economic Development Newsletter - January 2013

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Welcome to King & Spalding's economic development news bulletin, Investing in Georgia. In this edition, you will find: - Report regarding the vital importance of municipal bonds, currently threatened by deficit reduction...more

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