By Chriss Street | CalWatchdog
SACRAMENTO — State Controller John Chiang shocked California legislators today when he sent a letter announcing that the state will run out of cash on March 8. That is, unless Legislature allows state Treasurer Bill Lockyer to delay $2.4 billion in payments to universities, counties and Medi-Cal, while borrowing another $3.3 [...]

By Mike Klein | GPPF Forum

ATLANTA – Governor Nathan Deal opened three days of House-Senate appropriations hearings by taking exception to published reports that suggest his budget is a significant spending increase.
Deal proposed a $19.2 million Fiscal 2013 budget, up from $18.3 million this year.  Increases would fully fund anticipated K-12 enrollment growth, required pension and the [...]

By Jim Dooley | Hawaii Reporter
HONOLULU – The effects of newly downgraded tax revenue projections will be “minimal” for the current state budget but will be “quite considerable and severe” in future years, causing Gov. Neil Abercrombie’s administration to at least consider the possibility of future tax increases, Budget Director Kalbert Young said today.
Young’s comments [...]

By Jim Dooley | Hawaii Reporter
HONOLULU – State departments want to expand the budget by  some $334.7 million, Budget and Finance Director Kalbert Young said in the first of a series of money briefings to lawmakers planned for this week and next.
Young said new general fund requests from Gov. Neil Abercrombie’s administration total nearly $120 [...]

By Peter J. Rudy | Oklahoma Watchdog

OKLAHOMA CITY — State Treasurer Ken Miller says even though the Board of Equalization is predicting a revenue increase of $300-million for FY2013, agencies should expect a flat budget.  Miller says because a lot of one-time funds were put into the current budget to limit what had to be [...]