Tag: Fiscal Year

  • Sacramento Budget 2024: Changes in Parking, Fees, Staffing

    Sacramento Budget 2024: Changes in Parking, Fees, Staffing

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    Sacramento, CA – The Sacramento City Council has greenlit a budget aimed at addressing a $66 million deficit within the city’s $1.6 billion financial plan for the upcoming fiscal year. Changes Affecting Sacramento Residents Here are the significant adjustments residents of California’s capital should anticipate following the approval of the new budget: Parking Adjustments The…

  • Boston City Council Shifts Funds from Police to Housing

    Boston City Council Shifts Funds from Police to Housing

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    Boston City Council made significant alterations to Mayor Michelle Wu’s proposed budget for fiscal year 2025, reallocating over $15 million away from various city departments toward housing assistance and youth employment initiatives. By Ross Cristantiello | June 6, 2024 | 11:13 AM Boston City Council approved more than $15 million in changes to Mayor Michelle…

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    Norfolk City Council Approves FY 2025 Budget with Raises for Teachers and City Employees Norfolk City Council has given the green light to the proposed Fiscal Year 2025 Budget, bringing significant changes and allocations aimed at enhancing various aspects of the city. Let’s delve into the key highlights and initiatives included in the approved budget.…

  • Hampton Roads Cities Pass FY25 Budgets

    Hampton Roads Cities Pass FY25 Budgets

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    Highlights from Virginia Beach Virginia Beach City Council passed a $2.6 billion budget for fiscal year 2025, with notable additions and reductions. The budget includes the creation of 30 new full-time positions for the Fire Department to address staffing issues and increased overtime. Additionally, residents can anticipate a two-cent reduction in real estate taxes, down…

  • Virginia Lawmakers and Governor Youngkin Agree on Budget Extension

    Virginia Lawmakers and Governor Youngkin Agree on Budget Extension

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    In a last-minute compromise, Democratic lawmakers controlling the Virginia General Assembly struck a deal with Republican Governor Glenn Youngkin to extend negotiations over the state budget, aiming to reset a contentious process. Negotiations Extended Amidst Tension Lawmakers convened in Richmond for a single-day session to deliberate on Youngkin’s vetoes and proposed amendments, including those to…

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