News & Analysis as of

State Budgets State Funding

McCarter & English, LLP

New Jersey Fiscal Year 2025 Budget Overview

Following extensive deliberations and legislative actions, Governor Phil Murphy signed the Fiscal Year 2025 New Jersey Appropriations Act on Friday night, setting the state’s financial course for the upcoming fiscal year. The...more

Cozen O'Connor

Broad Street Brief: City Leaders Push Harrisburg on School Funding Reform

Cozen O'Connor on

City Council Passes FY25 Budget, Nonprofit Contracting Bill- During its last regular meeting before summer recess, City Council unanimously passed the FY25 City Budget. Council also approved a bill requiring competitive...more

Cozen O'Connor

Broad Street Brief: Council Questions “Triage Center” Logistics

Cozen O'Connor on

This week, Philadelphia City Council embarked on its first round of hearings on Mayor Cherelle Parker’s $6.3 billion FY25 budget, which featured discussion about police response to youth gun violence and the lack of a funding...more

Parker Poe Adams & Bernstein LLP

The Financing Strategies Available for Georgia School Districts in Today's Challenging Economy

While bonds can be used to finance capital needs for Georgia school districts, other strategies are available that do not require a referendum. Tax anticipation notes, multi-year lease purchases, certificates of...more

Manatt, Phelps & Phillips, LLP

Executive Summary: New York State Fiscal Year 2024-2025 Budget

On January 16, New York Governor Kathy Hochul released her State Fiscal Year (SFY) 2024-25 Executive Budget, her third since assuming office in August 2021. Addresses by Governor Hochul and Budget Director Blake Washington...more

Manatt, Phelps & Phillips, LLP

FY 2025 Executive Budget Women’s Health Highlights

Earlier this week, Governor Kathy Hochul released her Executive Budget proposal totaling $233 billion for State Fiscal Year 2025. The budget proposes several initiatives targeted at improving access to, quality of, and...more

Manatt, Phelps & Phillips, LLP

Governor Newsom Proposes California FY 2024–25 Budget

Governor Gavin Newsom has unveiled his January budget proposal, which authorizes $291.5 billion in spending, significantly less than the $310.9 billion budget plan enacted just six months ago.  To balance the proposed...more

Benesch

What to Expect in 2024 at the Ohio Statehouse

Benesch on

While the campaigns for U.S. President, U.S. Senate, U.S. House, Ohio Supreme Court, and to a lesser extent the Ohio General Assembly will dominate media attention, we still anticipate activity at the Statehouse....more

Bricker Graydon LLP

ODOD to Accept Applications for Funding Beginning October 31

Bricker Graydon LLP on

The Ohio Department of Development (ODOD) recently released further application details and information regarding its Building Demolition and Site Revitalization Program (the Program), which recently received renewed funding...more

Manatt, Phelps & Phillips, LLP

New York State Budget Director Issues Call Letter to Agencies

Early Indication of Challenging 2024–25 State Budget - On September 20, 2023, Blake Washington, the new director of the New York State Division of the Budget (DOB), issued the annual agency “call letter,” which requests...more

Nelson Mullins Riley & Scarborough LLP

Medicaid Expansion in North Carolina

North Carolina Governor Roy Cooper announced on September 22, that the state’s $30 billion budget bill will become law and effective on October 1. The budget bill funds the North Carolina Medicaid expansion agreement that was...more

Roetzel & Andress

State Biennial Budget (HB33) Heads to Ohio Governor for Approval – Summary of Major Educational Changes

Roetzel & Andress on

The long-anticipated state biennial budget (Ohio House Bill 33) is headed to the Governor for approval. The Bill contains significant changes for Ohio schools; below is a summary of those changes. Also, be on the lookout for...more

McCarter & English, LLP

FY2024 New Jersey Budget Review

After a tumultuous week of drafting and negotiations on State Street, Governor Phil Murphy has signed into law the Fiscal Year 2024 New Jersey Appropriations Act, formalizing the State’s budget for the upcoming fiscal year....more

Stinson LLP

Minnesota Historic Legislative Session Comes to an End

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In what many are calling one of the most consequential legislative sessions in Minnesota's history, Gov. Tim Walz and legislative leaders pulled together a last-minute $72 billion budget deal to close out the 2023 legislative...more

Manatt, Phelps & Phillips, LLP

Governor Newsom’s May Budget Proposal Urges Fiscal Prudence in Uncertain Times

California Governor Gavin Newsom has unveiled his May Revision to his January $297 billion spending proposal for FY2023-24. His new proposal totals $307 billion and addresses a projected $31.5 billion deficit, a $9 billion...more

Cozen O'Connor

Cozen Cities - January 27, 2023

Cozen O'Connor on

CHICAGO — Chicago Biotech Startup Unveils AI to Speed Up Breakthrough Drugs- In the wake of Evozyne's hiring of a seasoned tech-company executive as CEO, the Chicago-based biotech company announced it has developed an AI...more

Allen Matkins

California Environmental Law & Policy Update -1.13.23 - #2

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Governor Gavin Newsom on Tuesday unveiled a 2023 state budget proposal that includes significant cuts to climate investments due to an estimated budget gap of $22.5 billion for the 2023-2024 fiscal year....more

Manatt, Phelps & Phillips, LLP

California State Budget Update

Governor Gavin Newsom, Assembly Speaker Anthony Rendon and Senate President Toni Atkins have reached agreement on a more than $300 billion “budget framework” for the state’s 2022–23 budget. The full Legislature must approve...more

Manatt, Phelps & Phillips, LLP

2022–2023 State Budget Update

California legislators have passed a 2022–23 spending proposal. This year’s budget measure, Senate Bill 154, totals over 1,000 pages. The Senate voted 28 to 8 to send the budget to Governor Newsom. The final Assembly vote was...more

Proskauer - Law and the Workplace

New York State to Fund Bonuses for Certain Healthcare Workers as Part of State Budget

As part of the Fiscal Year 2023 New York state Executive Budget legislation, $1.2 billion in funding has been allocated for the payment of bonuses for certain “frontline” healthcare workers. With the stated goals to...more

Pullman & Comley - School Law

Latest Developments from the Connecticut General Assembly: The Education Committee Has Spoken (Part Two: Funding-Related Bills) -...

In our last post, I summarized part of the General Assembly’s Education Committee’s final flurry of approved bills advancing bills out of committee.  In addition to the bills that we have already summarized, here is a brief...more

Manatt, Phelps & Phillips, LLP

New York State Passes 2022–23 Budget Legislation

On Saturday, April 9, the New York State Legislature passed the final set of budget bills for the state’s fiscal year 2022–23 budget, which are in the process of being signed into law by the Governor. The approximately $220...more

Manatt, Phelps & Phillips, LLP

One-House Budget Proposals Released in Albany

On March 12 and 13, respectively, the New York Assembly and Senate released their one-house budget bills in response to Governor Kathy Hochul’s proposed $216 billion budget issued on January 18. The budget proposals are...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report – Legislative Day 16 2022

The House and Senate largely avoided each other on Valentine’s Day, with the Senate quickly gaveling in and taking care of business this morning before the House rolled in for an afternoon convening. It’s unclear whether the...more

Stinson LLP

2022 Minnesota Legislature Convenes: Historic Budget Surplus Looms

Stinson LLP on

Unprecedented. - That is how political observers, politicians and media pundits are describing what is in front of the Minnesota legislature and DFL Governor Tim Walz as the legislature sets to convene next Monday,...more

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