No fracking? Then no bonds, New Mexico bill says

By   /  January 23, 2015  /  Energy and Environment, New Mexico, New Mexico Watchdog, News, State Budgets, State Government  /  No Comments

Photo by Rob Nikolewski/NM Watchdog

A bill introduced in the New Mexico Legislature would cut off state severance tax bonds to communities that ban or greatly restrict extractive industries.

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As gas prices drop for 16th week, state budget directors scramble

By   /  January 21, 2015  /  Energy and Environment, New Mexico, News, North Dakota, Oklahoma, State Budgets, State Government, Texas, Wyoming  /  No Comments

Photo from Flickr Commons

Crashing prices at the pump is good news for drivers but it’s a challenge for budgets in states that rely heavily on oil and gas revenue.

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Feeling deceived, budget committee pulls youth corrections cash

By   /  January 20, 2015  /  Colorado, News, State Budgets, State Government  /  No Comments

Photo By Arthur Kane

Feeling deceived by Colorado Department of Human Services officials, the Legislature’s Joint Budget Committee unanimously voted Tuesday to rescind $1.2 million in funding that the department is using to hire 53 additional staff without telling lawmakers.

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‘Free’ community college would cost NM taxpayers

By   /  January 16, 2015  /  Education, New Mexico, News, State Budgets  /  No Comments

Photo from Flickr Commons

New Mexico knows what it’s like to offer free tuition, and critics of President’s Obama community college plan warn of skyrocketing costs, should it pass.

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Are large OU faculty, staff salaries driving student debt?

By   /  January 15, 2015  /  Education, Oklahoma, State Budgets  /  No Comments

Courtesy OU Flicker account.

By Arthur Kane |
University of Oklahoma accounting professor Dipankar Ghosh took home $224,400 in pay last year and the school paid him another $88,349 for additional administrative work for a total salary of $312,749, school records show.
Hong Liu, a professor of electrical and computer engineering, took home $306,000 last year as a base salary, according to […]

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Christie spins New Jersey’s $170 billion pension crisis

By   /  January 14, 2015  /  New Jersey, Pensions, Politics & Elections, State Budgets, State Government  /  No Comments

Governor's Office/Mykwain Gainey

By Mark Lagerkvist | New Jersey Watchdog
As he prepares for a probable run for the White House, Gov. Chris Christie tried to revise embarrassing truths about New Jersey’s pension crisis Tuesday during his annual State of the State address.
“Right now the $90 billion unfunded liability for pensions and health benefits is three times the size of […]

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