Another year, another budget, and another round of cuts in Nashville.
Post Tagged with: "budget"
The House and Senate can’t seem to agree on the state’s $31 billion budget and will likely form a smaller group to work out the differences. The upper chamber passed a spending plan for next year before noon and within 90 minutes, the lower chamber voted not to go along.
This week state lawmakers will get down to the business of passing a budget. Governor Bill Haslam says he’ll unveil his final update Monday, adding back at least some funds that were cut from the original $30 billion spending plan.
Tennessee tax collections are higher than anticipated, and Democrats in the state House have a plan for spending that surplus money. They just filed a bill to that effect. But the legislature won’t gather again until January, and Democrats don’t have the votes to pass anything without GOP buy-in.
One Metro Council member says thousands of dollars could be saved by thinning Metro’s fleet of vehicles.
School programs saved last year by the federal stimulus face an uncertain future. During Governor Bill Haslam’s budget hearings, the Department of Education presented a list of doomed programs.
New Tennessee Governor Bill Haslam must submit a state budget to the legislature by March 1st. The proposed spending plan will include cuts in order to be balanced. That’s not just a matter of accounting – it also raises political questions.
Tennessee Senator Bob Corker has a trademark presentation on the federal budget deficit, which he delivered for what he says was the 45th public time last night in Nashville. While some in the audience were receptive, afterward others took the live broadcast as a chance to criticize Corker on talk radio.
Republicans made huge gains last night in the state legislature, picking up at least a dozen seats in the 99-member House of Representatives. The GOP now controls both legislative chambers, along with the governor’s office, for the first time since the Civil War. But the specifics of how Republicans will use that newfound power aren’t clear yet.
Lawmakers in Washington often bring federal dollars to Tennessee through the controversial earmarking process. But a recent Harvard Business School study found the state isn’t doing too well in comparison. Manuel Quinones has more from Washington.
Metro Government will effectively pay half the cost of a hotel to go with its new downtown convention center. That’s part of a proposed deal with Omni Hotels, which will pay cash for the cost of construction and end up the sole owner.
Federal stimulus dollars for fighting unemployment in Perry County are set to expire at the end of September. After that, state officials aren’t yet sure how many of the program’s 400 workers will be able to hold on to their jobs.
The former U.S. education secretary says Tennessee should expect some results from new Race to the Top programs within the next year or two. The state is receiving half a billion federal dollars to spend on classroom innovation over the next several years.
Governor Phil Bredesen says Tennessee could’ve created more jobs if it had been given a freer hand in spending federal stimulus dollars. He says federal rules dictating where and how to spend most of the money made it hard for the state to get the best bang for its buck.
Tennessee’s candidates for governor took disparate stances on what parts of the next state budget they’d trim during the first televised gubernatorial debate Monday night.
Nashville’s Sports Authority decided today it no longer needs a finance committee. The board oversees relations between the city’s professional sports teams and their venues.
Tennessee’s four major candidates for governor took sharply different stances on retirement plans for teachers at a forum yesterday held by the state educators’ union.
A Correction Department study says fewer inmates at state prisons are returning after being released. But a majority of the state’s felons are housed at local jails, and the study says that group is becoming more likely to return.
Next year’s budget won’t be much different from the current one, which one official says is remarkable given the city’s economic situation.
State officials called the news “encouraging,” saying they hope it marks the beginning of a recovery. But with two months of taxes to go this budget year, the state’s general fund stands 170 million dollars below estimates.