Latest State budgets News

Beshear to propose ‘historic investments’ for education

Dec. 07, 2021 21:16 PM EST

FRANKFORT, Ky. (AP) — The time is right for Kentucky to make “historic investments” in education and build on the state’s economic momentum, taking advantage of revenue surpluses, Gov. Andy Beshear said. In an interview with The Associated Press on Monday, the Democratic...

Recovery yields more tax revenue than anticipated in Nevada

Dec. 07, 2021 20:53 PM EST

CARSON CITY, Nev. (AP) — Nevada’s economy is rebounding more quickly than in some past recessions, but coronavirus variants continue to raise questions about the state’s path toward full recovery. The five-member panel responsible for economic forecasts on Tuesday said the...

Gov. Cox proposes spending $50M to restore Great Salt Lake

Dec. 07, 2021 20:47 PM EST

SALT LAKE CITY (AP) — Utah Gov. Spencer Cox is proposing spending $500 million on water conservation, preservation and infrastructure as part of his $25 billion budget proposal for next year. He unveiled the plan standing near the dry, receding edge of the iconic Great Salt Lake...

Noem proposes big salary raises, over $1B in projects

Dec. 07, 2021 19:30 PM EST

SIOUX FALLS, S.D. (AP) — South Dakota Gov. Kristi Noem laid out a plan Tuesday to spend an unprecedented amount of money in raises for state employees, teachers and health care providers, as well as boost infrastructure projects as the state receives billions in federal pandemic relief and sees...

Minnesota budget officials project huge $7.7 billion surplus

Dec. 07, 2021 19:02 PM EST

ST. PAUL, Minn. (AP) — Minnesota officials on Tuesday projected a whopping $7.7 billion surplus in the current state budget, a projection that sets the stage for debates in the 2022 legislative session over spending and taxes. Minnesota Management and Budget said strong growth in...

Georgia tax collections so far point to another big surplus

Dec. 06, 2021 18:32 PM EST

ATLANTA (AP) — Georgia's state tax collections continue to run far ahead of what the state brought in last year, adding to already bulging coffers. Figures released Monday show Georgia's general fund collected $11.9 billion through Nov. 30. That's about $1.7 billion or 17% ahead of...

Kentucky governor points to benefits of federal pandemic aid

Dec. 06, 2021 18:14 PM EST

FRANKFORT, Ky. (AP) — Massive amounts of federal aid have given Kentucky a once-in-a-generation opportunity to guarantee basic necessities and build on economic momentum, showing the grassroots benefits that trump the partisan rancor over coronavirus pandemic relief, Gov. Andy Beshear said...

South Dakota to get $60M federal boost for water projects

Dec. 06, 2021 18:14 PM EST

SIOUX FALLS, S.D. (AP) — South Dakota will receive more than $60 million in water project funding in the massive federal infrastructure bill. While state budget planners are still determining the U.S. Treasury Department’s stipulations on how to use it, the Argus Leader reports...

Power shifts; Alexander now South Carolina Senate president

Dec. 06, 2021 16:36 PM EST

COLUMBIA, S.C. (AP) — The first president of the South Carolina Senate stepped aside from his role overseeing the entire chamber Monday, becoming instead the chairman of the powerful committee that writes the state budget. For Sen. Harvey Peeler, now the chamber's longest serving...

North Dakota special session costs within budget at $301,000

Dec. 02, 2021 14:36 PM EST

BIMSARCK, N.D. (AP) — The cost of North Dakota’s special five-day session last month is within the amount allotted, a legislative budget analyst said Thursday. Figures released to The Associated Press show costs incurred by taxpayers total just more than $301,000....