#structural-deficit

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California
fromLos Angeles Times
1 week ago

Newsom offers early peek at rosy budget projections

Projected $16.5 billion in revenue over three years improves California’s near-term fiscal outlook, but deficits remain projected for 2026-27 and 2027-28.
more#california-budget
fromMaryland Matters
3 weeks ago

Pennsylvania Democrats think a tax on big tech could help close the state's deficit - Maryland Matters

Rep. Elizabeth Fiedler stated that the tax targets 'some of the biggest companies in the world - Google, Meta, Amazon, Microsoft - and calls on them to simply pay their fair share for doing business in our commonwealth.'
Marketing tech
NYC politics
fromwww.amny.com
2 months ago

NYC BUDGET: Comptroller Levine warns Council of $7.3B fiscal hole as Moody's downgrades fiscal forecast | amNewYork

New York City faces at least $7.3 billion in budget pressure over two fiscal years, with spending exceeding revenue and structural imbalances threatening financial flexibility.
Canada news
fromwww.cbc.ca
4 months ago

Ontario hospitals making 'lower risk' cuts to save money: association | CBC News

Ontario hospitals face a $1 billion structural deficit and require predictable multi-year funding; working capital and low-risk cuts will not resolve severe financial pressure.
fromwww.mercurynews.com
10 months ago

Albany leaders consider budget stabilizing measures as revenue falls short

The city has been experiencing a structural deficit, projected to peak at nearly $2 million in 2029 or $6 million in 2035 due to growing pension liabilities and unfunded capital projects.
Miscellaneous
fromwww.mercurynews.com
11 months ago

Los Gatos approves budget for upcoming fiscal year

'The budget is legally balanced, but the town has a structural imbalance which will grow if not addressed,' Constantin said.
SF LGBT
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