Latest Government budgets News

Rhode Island school system gets money to restore sports

Jul. 16, 2019 3:04 PM EDT

WARWICK, R.I. (AP) — A Rhode Island city has approved an additional $4 million for its school budget that could be used to restore school sports and other programs. The Warwick City Council on Monday unanimously approved a resolution that would add the money to the schools' budget to pay for 17 line items,...

New Greek PM calls bond auction "vote of confidence"

Jul. 16, 2019 2:46 PM EDT

ATHENS, Greece (AP) — Greece launched a 7-year bond auction Tuesday, the country's third effort this year to raise money from international markets while improved borrowing rates provide an advantage. The auction aimed at raising 2.5 billion euros ($2.8 billion) followed 5-year and 10-year bond issues...

Ohio lawmakers hashing out state budget are set to reconvene

Jul. 16, 2019 1:54 PM EDT

COLUMBUS, Ohio (AP) — Lawmakers who have been negotiating Ohio's next two-year state budget were set to reconvene Tuesday, a day before the extended deadline for the House and Senate to pass the $69 billion spending plan. The conference committee was scheduled to meet late Tuesday afternoon amid...

With budget deal absent, legislators consider stopgap plans

Jul. 16, 2019 1:44 PM EDT

RALEIGH, N.C. (AP) — Chances that a North Carolina budget standoff between Republican lawmakers and Democratic Gov. Roy Cooper is soon resolved appear small enough that GOP legislators are looking to spend more funds to keep state government humming. Negotiations between Cooper and GOP lawmakers on a...

Speaker says new stopgap state budget may be necessary

Jul. 16, 2019 1:07 PM EDT

BOSTON (AP) — A top Democrat in the Legislature asked Republican Gov. Charlie Baker to file another stopgap budget as talks aimed at producing a permanent state spending plan for the fiscal year that began on July 1 dragged on Tuesday without resolution. House Speaker Robert DeLeo believes it would be...

Lebanese parliament convenes on budget amid tight security

Jul. 16, 2019 12:28 PM EDT

BEIRUT (AP) — Under tight security, Lebanese lawmakers on Tuesday began discussing the draft 2019 state budget that aims to avert a financial crisis in the heavily indebted country by raising taxes and cutting public spending. The discussions were being held amid limited protests against proposed austerity...

South Dakota ends fiscal year with $19.4 million surplus

Jul. 16, 2019 10:43 AM EDT

PIERRE, S.D. (AP) — Gov. Kristi Noem says South Dakota has a $19.4 million budget surplus in fiscal year 2019. Noem says the state brought in less revenue than it was expecting this year, but it spent a lot less than planned. The surplus was transferred to the budget reserve fund, which now has a balance...

Louisville officers won't serve in schools this fall

Jul. 16, 2019 5:23 AM EDT

LOUISVILLE, Ky. (AP) — Schools in Kentucky's largest city won't have Louisville Metro Police acting as resource officers when classes begin this fall. The Courier-Journal reports the decision by the agency is due to the city's $35 million budget deficit. The decision comes as school districts around the...

University of Alaska regents delay downsizing decisions

Jul. 15, 2019 11:47 PM EDT

ANCHORAGE, Alaska (AP) — The University of Alaska Board of Regents on Monday postponed a decision that would have allowed administrators to bypass usual procedures for cutting programs and personnel. Regents face a 41% cut in state funding for the university but delayed declaring a "financial exigency"...

Mnuchin says budget deal with Pelosi is 'very close'

Jul. 15, 2019 9:04 PM EDT

WASHINGTON (AP) — It's House Speaker Nancy Pelosi and top Senate Republican Mitch McConnell vs. hardliners in the White House as lawmakers pursue a deal on federal spending and the debt. And the hardliners, wary of further increases to federal spending, appear to be losing. Talks between Pelosi and...