The West Contra Costa Unified School District, based in Richmond, California, is facing a financial crisis as it failed to approve an accountability plan necessary to pass a budget by the end of the fiscal year. This failure has put the district at risk of having the County Education Office take over budget activities. The
Politics
The $82.5 billion fiscal 2025 budget of Michigan is set to include investments in roads and bridges that will be financed by the $700 million final tranche of Rebuilding Michigan Plan bonds. This investment is crucial for the state’s infrastructure, especially in repairing key bridges in various locations like Erie Township and making necessary road
California is currently facing tax revenue shortfalls that are putting pressure on the state’s policy agenda under the leadership of Governor Gavin Newsom. In a recent State of the State speech, Newsom focused more on national politics rather than addressing the challenges within the state. The agreement reached on the budget and the $297.7 billion
The House Committee on Transportation and Infrastructure, chaired by Rep. Sam Graves, has raised concerns about the sluggish pace at which the Department of Transportation is distributing funds allocated under the Infrastructure Investment and Jobs Act (IIJA). Despite receiving over $364 billion since the enactment of IIJA, the DOT has only obligated a little over
The Securities Industry and Financial Markets Association (SIFMA) has filed a summary judgment bid in a lawsuit against the State of Missouri over its environmental, social, and governance (ESG) investment regulation. SIFMA argues that the state’s anti-ESG securities rules infringe on federal laws, specifically the National Securities Markets Improvement Act and the Employment Retirement Income
Denver voters are facing a critical decision in the upcoming election – whether or not to increase the sales tax rate to provide much-needed financial support to Denver Health, the only safety net healthcare provider in Colorado. The proposed 0.34% sales tax increase aims to generate approximately $70 million annually for the struggling health system,
California Governor Gavin Newsom and lawmakers have come to a budget agreement aimed at addressing multi-year deficits. The agreement involves cutting $16 billion, declaring a statewide fiscal emergency to use reserves, and setting up a system to ensure long-term fiscal stability. The deal is based on the fiscal structure proposed in Newsom’s May budget revision,
Lawmakers and lobbyists are currently in a state of uncertainty due to the recent election, the national debt, and the key legislative achievements of the Trump administration. One particular issue that has them on edge is the possible elimination of the tax exemption for municipal bonds. This move could have significant implications for state and
The Accelerating Deployment of Versatile, Advanced Nuclear for Clean Energy Act has recently passed in the U.S. Senate and is on its way to President Biden’s desk for signing. This legislation is expected to stimulate nuclear power production in the country, signaling a step towards a more sustainable energy future. The bipartisan nature of the
The proposed extension of Brightline train service to Tampa has received a vote of confidence from a coalition of planning and transportation organizations in the region. This coalition, consisting of the Suncoast Transportation Planning Alliance and Central Florida Metropolitan Planning Organization Alliance, is made up of 10 metropolitan planning organizations and state transportation officials along