#state-receivership

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#new-york-city
NYC politics
fromUnHerd
1 hour ago

Zohran Mamdani is pushing New York towards fiscal disaster

New York City's finances are severely strained, with spending outpacing revenue growth, leading to potential credit downgrades.
NYC politics
fromwww.amny.com
1 week ago

Op-Ed | Revenue from Albany a common sense solution for working New Yorkers | amNewYork

New York City faces a $5.4 billion budget gap due to underbudgeting and state revenue raids.
fromwww.amny.com
2 weeks ago
New York City

NYC BUDGET: Another rating company issues negative financial outlook as City Hall grapples with big deficit | amNewYork

New York City's financial outlook was revised to negative by KBRA, following similar actions by Moody's and S&P, due to budget concerns.
NYC politics
fromUnHerd
1 hour ago

Zohran Mamdani is pushing New York towards fiscal disaster

New York City's finances are severely strained, with spending outpacing revenue growth, leading to potential credit downgrades.
New York City
fromwww.amny.com
3 days ago

Op-ed | A responsible path forward for New York City's budget | amNewYork

New York City's budget process is a complex negotiation that impacts community investment and addresses fiscal challenges.
New York City
fromNew York Daily News
4 days ago

NYC Council budget plan averts Mamdani property tax hike, avoids tapping reserves

The City Council plans to close New York's budget gap without tax hikes or using reserves, proposing alternative funding sources instead.
NYC politics
fromwww.amny.com
1 week ago

Op-Ed | Revenue from Albany a common sense solution for working New Yorkers | amNewYork

New York City faces a $5.4 billion budget gap due to underbudgeting and state revenue raids.
New York City
fromwww.amny.com
2 weeks ago

NYC BUDGET: Another rating company issues negative financial outlook as City Hall grapples with big deficit | amNewYork

New York City's financial outlook was revised to negative by KBRA, following similar actions by Moody's and S&P, due to budget concerns.
US politics
fromLos Angeles Times
10 hours ago

Commentary: Bondi and Noem were incompetent. But that's not the only reason they're gone

The purging of women from Trump's administration reflects a broader erosion of women's equality in the U.S.
US Elections
fromLos Angeles Times
1 day ago

California election experts sound alarm as rejected ballots quadruple

California's mail-in ballots faced significant delays, with late arrivals increasing fourfold compared to the previous election, impacting vote counting.
Poker
fromwww.npr.org
1 day ago

When legal sports betting surges, so do Americans' financial problems

Sports betting leads to financial strain, with increased credit delinquency rates among bettors in states where it is legal.
East Bay (California)
fromThe Oaklandside
2 days ago

Oakland made a big financial mistake failing to collect business taxes, audit finds

Oakland failed to collect owed business taxes, exacerbating financial crises and limiting revenue needed for essential services.
SF politics
fromsfist.com
1 day ago

Supervisor Jackie Fielder's Absence From Board of Supervisors Follows Investigation Into Leaked Memo

Jackie Fielder's office is under investigation for leaking a confidential memo regarding the controversial RESET Center approved by the Board of Supervisors.
Law
from24/7 Wall St.
2 days ago

Dave Ramsey Tells Tutor With $24,000 IRS Debt to Pay the Government First in Her $94,000 Debt Snowball

Prioritize IRS debt over other debts due to its unique enforcement powers and penalties.
Canada news
fromwww.cbc.ca
3 days ago

Ontario announces plan to slash Niagara Region, Simcoe County councils and add 'strong chair' powers | CBC News

Ontario is reducing regional council seats in Niagara and Simcoe County to streamline governance and reduce costs for taxpayers.
LA real estate
fromtherealdeal.com
3 days ago

Campaign promises offered as assurances on California's troubled resi insurance market

Pacific Palisades residents face a $1.5 million gap between insurance payouts and rebuilding costs after last year's fire.
Boston
fromBoston.com
3 days ago

Boston faces budget deficit of nearly $50 million

Boston faces a $48.4 million budget deficit due to external cost pressures, prompting spending freezes and hiring delays.
#san-francisco
San Francisco
fromMission Local
4 days ago

S.F. on track to shrink deficit by $300M, city controller says

San Francisco's projected budget deficit has decreased from $936 million to $643 million, but significant cuts and challenges remain ahead.
SF politics
from48 hills
3 days ago

SF budget picture improves as mayor tries to cut the tax that is part of the recovery - 48 hills

San Francisco's financial outlook is improving, driven by increased tax revenues, particularly from high-end real estate transactions.
San Francisco
fromMission Local
4 days ago

S.F. on track to shrink deficit by $300M, city controller says

San Francisco's projected budget deficit has decreased from $936 million to $643 million, but significant cuts and challenges remain ahead.
SF politics
from48 hills
3 days ago

SF budget picture improves as mayor tries to cut the tax that is part of the recovery - 48 hills

San Francisco's financial outlook is improving, driven by increased tax revenues, particularly from high-end real estate transactions.
fromKqed
4 days ago

Court Orders California Sheriff to Release Personnel Records in Watchdog Investigation | KQED

The Sonoma County Sheriff's Office must comply with subpoenas issued by the county's civilian oversight board as part of a whistleblower investigation into alleged misconduct, a state appeals court ruled Thursday.
California
fromCalifornia Post
5 days ago

Lefty SF Supervisor had been absent for several weeks before her leave of absence was made public

"She wants to regain stable health so she can thoughtfully and responsibly consider her options," her office told ABC7 Eyewitness News in a statement announcing her leave of absence and addressing the condition of her mental health.
Mission District
fromwww.housingwire.com
5 days ago

Homeowner Assistance Fund backstopped vulnerable borrowers

The insights from this report help us think about potential gaps in the loss mitigation waterfall and the types of homeowners who may benefit from targeted support when they experience a crisis.
SF real estate
SF parents
fromSan Jose Spotlight
5 days ago

East San Jose school district audit investigation passes review - San Jose Spotlight

The audit found no evidence of fraud or misuse of funds in the Alum Rock Union School District.
Public health
fromArs Technica
5 days ago

Water utility announces it's ditching fluoride-then reveals it did so years ago

Birmingham's lawsuit against CAW seeks to restore fluoride in water, citing public health risks from its removal.
fromAllthingssmitty
6 days ago

You probably don't need to lift state - Matt Smith

Keep state as close as possible to where it's actually used. Lift it when multiple components need it or you need to coordinate behavior between components.
React
fromInvestigative Post
2 days ago

Investigative Post event on reforming Buffalo and NY government.

John Kaehny has written and successfully lobbied for the passage of state and New York City laws related to government transparency and accountability, including the first open data law in the world in 2012.
NYC politics
US Elections
fromLos Angeles Times
1 day ago

House Democrats to hold California 'shadow hearings' on midterm election security

California Democrats are holding hearings to defend state election systems against Trump's fraud allegations and threats of intervention.
SF politics
fromPadailypost
2 days ago

Opinion: A DA shouldn't be using his office this way

Allegations against DA Jeff Rosen suggest unethical fundraising linked to prosecution of pro-Gaza protesters, raising concerns about political neutrality in law enforcement.
fromwww.bbc.com
3 days ago

Leisure centre and lido operator enters administration

Fusion Lifestyle announced on 1 April that it had appointed administrators after a prolonged period of financial difficulty. The charity cited rising operational costs, reduced government funding, and post-pandemic recovery challenges as the causes of its financial struggles.
London politics
#corruption
fromSFGATE
4 days ago
Non-profit organizations

Former executive director of San Francisco city department arrested

NYC politics
fromCity Limits
2 days ago

Councilmember Investigated Over Possible Bribes In Shelter Contracting, And What Else Happened This Week in Housing

Councilmember Farah Louis is under federal investigation for allegedly steering shelter contracts in exchange for benefits.
fromSFGATE
4 days ago
Non-profit organizations

Former executive director of San Francisco city department arrested

NYC politics
fromCity Limits
2 days ago

Councilmember Investigated Over Possible Bribes In Shelter Contracting, And What Else Happened This Week in Housing

Councilmember Farah Louis is under federal investigation for allegedly steering shelter contracts in exchange for benefits.
Law
fromLos Angeles Times
4 days ago

Law enforcement watchdogs get more teeth when seeking records after state court ruling

Civilian oversight bodies in California can now subpoena law enforcement records during whistleblower investigations, enhancing transparency.
California
fromABC7 San Francisco
5 days ago

San Mateo County faces major budget shortfall, sues CA for $100M owed

San Mateo County faces severe financial trouble without additional state funding due to a $20 million refund and a dispute over Vehicle License Fee revenue.
Mission District
fromPadailypost
4 days ago

Binder steps down as police chief, Reifschneider will replace him

Palo Alto Police Chief Andrew Binder is stepping down, to be replaced by Assistant Chief James Reifschneider, pending City Council confirmation.
US Elections
fromKqed
3 days ago

California Media Seek Access to Secret Warrants in Sheriff's Ballot Seizure Case | KQED

Sheriff Bianco obtained warrants to investigate ballot discrepancies in Riverside County, but the investigation is currently on hold due to legal challenges.
Fundraising
fromNew York Post
2 weeks ago

Jersey City begs for record-breaking $150M in state aid as it faces 'full-blown financial crisis'

Jersey City seeks $150 million in state aid to address a $254 million budget deficit amid a financial crisis.
Real estate
fromwww.housingwire.com
2 weeks ago

Housing muni market swells amid affordability policy debate

Municipal bonds have become a critical financing tool for affordable housing, growing 198% since 2016 and now representing 7% of the $4.4 trillion municipal bond market.
Law
fromReadWrite
1 week ago

Kalshi seeks emergency block against Ohio in appeals court

Kalshi seeks federal court intervention to prevent Ohio regulators from enforcing state gambling laws against its platform.
#municipal-budget-crisis
Fundraising
fromGothamist
2 weeks ago

Jersey City says it desperately needs $150M in state aid. That would obliterate records.

Jersey City seeks record $150 million state aid to address a $255 million budget deficit, equivalent to 28% of its annual budget, while the new mayor implements cost-cutting measures and warns of inevitable tax increases.
Fundraising
fromGothamist
2 weeks ago

Jersey City says it desperately needs $150M in state aid. That would obliterate records.

Jersey City seeks record $150 million state aid to address a $255 million budget deficit, equivalent to 28% of its annual budget, while the new mayor implements cost-cutting measures and warns of inevitable tax increases.
Europe news
fromFortune
3 weeks ago

U.S. debt is like a Hallmark movie boyfriend who eventually gets dumped for a small town firefighter, budget watchdog warns | Fortune

U.S. debt remains attractive to investors due to lack of better alternatives, but this may change as debt grows and other options emerge.
UK politics
fromwww.bbc.com
2 weeks ago

Reform council leader survives no confidence vote

Reform UK council leader George Finch survived a no-confidence vote by one vote at Warwickshire County Council, with 27 voting against removal and 26 voting for it.
SF parents
fromPadailypost
2 weeks ago

School district investigated one of its own board members - few knew of investigation

Palo Alto Unified School District investigated board member Rowena Chiu for racism allegations following a January 2025 Ethnic Studies meeting, and Chiu claims vindication while questioning the investigation's cost and lack of public disclosure.
SF politics
fromPadailypost
1 week ago

Opinion: School board member secretly investigated by district employees and district's lawyers

The Palo Alto school district conducted a secret investigation on board member Rowena Chiu, which raised concerns about governance and accountability.
East Bay (California)
fromThe Oaklandside
3 weeks ago

Oakland orders school district to pay past election costs

Oakland Unified School District settled a lawsuit and agreed to pay approximately $860,000 to Oakland for the 2022 school board election costs, with additional costs for the 2023 election to be billed by Alameda County.
UK news
fromwww.theguardian.com
1 month ago

Water firms sent bailiffs to tens of thousands of homes for debts under 1,000

Tens of thousands of bailiff visits occur annually across English and Welsh water companies, with significant variation in enforcement practices and inconsistent protections for vulnerable customers.
New York City
fromFOX 5 New York
1 week ago

NYC Council launches public dashboards for budget expenses, projected revenue

The city council launched public budget dashboards to enhance transparency in budget expenses and revenue expectations.
Mission District
fromSan Jose Spotlight
3 weeks ago

San Jose mayor issues budget plan amid projected shortfall - San Jose Spotlight

San Jose faces a $56 million budget deficit and Mayor Mahan prioritizes maintaining services in homelessness, public safety, housing, and economic growth while seeking cost efficiencies before implementing cuts.
#nyc-budget
fromwww.amny.com
1 week ago
New York City

NYC BUDGET: City Hall approves first round of savings after Mamdani told agencies to tighten belts | amNewYork

Mayor Zohran Mamdani's administration identified over $1.7 billion in savings to address NYC's budget gap through various efficiency measures.
fromThe Nation
1 month ago
New York Islanders

Mamdani Launches His First Salvos in New York's Fiscal Battle

New York faces recurring fiscal crises; a $5.4 billion projected deficit prompts threat of 9.5% property tax increase and higher taxes on millionaires and corporations.
New York City
fromwww.amny.com
1 week ago

NYC BUDGET: City Hall approves first round of savings after Mamdani told agencies to tighten belts | amNewYork

Mayor Zohran Mamdani's administration identified over $1.7 billion in savings to address NYC's budget gap through various efficiency measures.
SF politics
fromLos Angeles Times
2 weeks ago

Eliminating a corporate tax break is pitched as a way to make up for federal healthcare cuts

California lawmakers propose repealing a tax break allowing multinational corporations to exclude foreign subsidiary income from state taxation, potentially generating billions in annual revenue.
#budget-crisis
California
fromThe Mercury News
1 month ago

Staff vacancies to remain in place to help balance Walnut Creek budget

Walnut Creek will maintain elevated staff vacancies through fiscal year 2027 to address a $2 million budget shortfall caused by reduced auto sales tax revenue from a California reporting change.
SF politics
fromABC7 San Francisco
1 month ago

SF Mayor Lurie reportedly orders 500 city job cuts amid budget crisis

San Francisco Mayor Daniel Lurie orders city departments to eliminate approximately 500 jobs to address an $877 million budget deficit, with $100 million in personnel spending cuts required.
California
fromThe Mercury News
1 month ago

Staff vacancies to remain in place to help balance Walnut Creek budget

Walnut Creek will maintain elevated staff vacancies through fiscal year 2027 to address a $2 million budget shortfall caused by reduced auto sales tax revenue from a California reporting change.
SF politics
fromABC7 San Francisco
1 month ago

SF Mayor Lurie reportedly orders 500 city job cuts amid budget crisis

San Francisco Mayor Daniel Lurie orders city departments to eliminate approximately 500 jobs to address an $877 million budget deficit, with $100 million in personnel spending cuts required.
SF politics
fromMission Local
2 weeks ago

Months and millions later, maybe few changes to city commissions after all

San Francisco's Commission Streamlining Task Force recommendations to cut or weaken dozens of city commissions face minimal board support and will likely result in only minor, non-controversial changes like eliminating inactive bodies.
fromwww.theguardian.com
1 month ago

Dirty water, death and decline: the inside story of a privatisation scandal

Sarah Lambert took her usual morning swim for 40 minutes off Exmouth town beach before her volunteer shift helping disabled people get access to the water. A wheelchair user herself, Lambert's regular sea swims twice a week between the lifeboat station and HeyDays restaurant were the perfect form of exercise for her disability.
Public health
New York City
fromwww.amny.com
2 weeks ago

Editorial | NYC spends too much money. It's time to get things under control. | amNewYork

New York City faces a $7.3 billion budget deficit over two fiscal years due to chronic overspending relative to revenue, with structural imbalances threatening municipal bond ratings.
London politics
fromwww.standard.co.uk
1 month ago

The scandal of London councils' spending black holes

Local government councils raise council tax without demonstrating clear value or exploring efficiency improvements that private sector organizations routinely implement.
SF politics
from48 hills
3 weeks ago

Lurie plan uses regressive taxes to 'save' Muni, in the short term - 48 hills

Mayor Lurie launched a parcel tax campaign to generate $150-200 million annually for Muni, preventing service cuts and addressing a $300 million budget deficit.
SF politics
fromABC7 San Francisco
3 weeks ago

San Francisco Mayor Daniel Lurie pushes charter reform ballot measures

Mayor Lurie proposes three charter amendments to modernize San Francisco's government structure, expand mayoral authority, streamline contracting, and reduce ballot measure complexity.
New York City
fromNew York City, NY Patch
3 weeks ago

Moody's Lowers NYC's Credit Outlook To Negative Due To Budget Gaps

Moody's downgraded New York City's credit outlook to negative due to structural budget imbalances and persistent projected deficits despite favorable economic conditions.
Education
fromLondon Business News | Londonlovesbusiness.com
1 month ago

SEND crisis: Vast majority of councils warn of insolvency and call for reform amid huge deficits - London Business News | Londonlovesbusiness.com

Eight in ten councils expect insolvency by 2028/29 due to rising SEND high-needs deficits unless the Government writes off deficits and reforms the system.
#fiscal-emergency
#municipal-finance
SF politics
fromFortune
1 month ago

Nationwide voter revolt over property taxes collides with reality that every other revenue source has been slashed already | Fortune

Multiple states are pursuing property tax cuts during election years, facing resistance over impacts on local government and school funding, reminiscent of California's 1978 Proposition 13.
Miscellaneous
fromIndependent
2 months ago

Revenue told Government not to tell public about lucrative tax loophole

A tax loophole enabling wealthy individuals to transfer valuable life assurance policies tax-free was quietly closed during last year's budget.
#local-government-finance
fromwww.bbc.com
1 month ago

County council facing 'effective bankruptcy'

"If we don't get what we need [in terms of extra government help] then a Section 114 Notice will come in, which is effective bankruptcy. We'd then get administrators come in, in effect - they'd then make a plan for where the money gets spent in Worcestershire. It would be a catastrophe. We're going to have to halt projects that were put into the budget by the previous administration, things that maybe were 'nice to have', but we can't afford them."
UK politics
US politics
fromBoston.com
1 month ago

State auditor sues Beacon Hill to force compliance with audit

State Auditor Diana DiZoglio sued to enforce voter-approved authority to audit the Massachusetts Legislature after legislative refusal and without Attorney General support.
Real estate
fromwww.ocregister.com
2 months ago

U.S. housing won't crash because it's getting a bailout

Federal intervention and financial measures will prop up the housing market in 2026 to prevent steep price declines despite severe affordability strain.
US politics
fromTruthout
2 months ago

White House Orders Federal Funding Probe Focused Almost Entirely on Dem States

The OMB is reviewing federal funding in predominantly Democratic-led states to identify alleged fraud and potentially limit federal aid.
fromThe Oaklandside
2 months ago

Oakland fails again to publish contract transparency reports

City law requires the council to approve all contracts above $250,000. But Oakland's city administrator, Jestin Johnson, has the power to issue contracts up to that amount without informing the council and the public. The mandatory annual report is meant to provide transparency into these purchases. The report also requires Johnson and his team to explain if any contracts were issued without a competitive bidding process, and how many awards went to local businesses.
East Bay (California)
UK politics
fromwww.theguardian.com
1 month ago

Reform UK's Kent council faces extreme risk' after passing first budget

Reform UK-led Kent council raised council tax 3.99%, leaving reserves low and exposing the authority to £411m of immediate financial risk.
US politics
fromLos Angeles Times
2 months ago

Charter Reform Commission, L.A. City Council look to impose transparency rules

Los Angeles City Council passed an ordinance requiring Charter Reform Commission members to disclose private communications with elected officials and staff to boost transparency.
NYC politics
fromNews 12 - Default
1 month ago

Gov. Hochul sends $1.5B in state funding to help stabilize NYC finances

New York State will provide $1.5 billion to stabilize New York City finances, including funding for youth programs, sales tax restoration, and public health.
US politics
fromSan Jose Spotlight
1 month ago

San Jose faces tough choices to balance budget shortfall - San Jose Spotlight

San Jose faces a projected $65 million shortfall requiring tough service reductions while prioritizing public safety, libraries, youth programs, parks, and immigrant legal defense funding.
California
fromFresnoland
2 months ago

Inside the Fresno reforms addressing a scandal over city contracts

Fresno closed a contracting loophole and ordered a public online portal for no-bid contracts under $100,000, increasing transparency and oversight.
fromAol
1 month ago

Senate Dems: 'We in Illinois need to tax'

If you live in Illinois, you pay a greater percentage of your income in taxes than almost anyone of any income stratus anywhere in the country. That's not right,
US politics
California
fromSan Jose Spotlight
1 month ago

Santa Clara County tackles $470M budget shortfall - San Jose Spotlight

Santa Clara County faces a $470 million fiscal-year deficit and is reallocating staff, eliminating positions, and pursuing revenue to close substantial budget gaps.
fromBrooklyn Eagle
2 months ago

Mamdani orders new 'Chief Savings Officers' at city agencies

Under Executive Order 12, according to a press statement from the city, each agency will now have five days to appoint an existing senior employee as Chief Savings Officer and grant them the relevant staff and information. This employee will have 45 days to complete a comprehensive assessment of their agency's spending, analyzing the most expensive programs to understand major drivers of cost, as well as the highest-performing programs, to try to replicate successes.
US politics
#public-safety-contract
California
fromLos Angeles Times
2 months ago

California bill increases penalties for fake liens used to harass politicians, businesses

California bill would increase penalties for fraudulent liens, making filers liable for triple court fees to deter harassment of officials, businesses, and court employees.
California
fromwww.mercurynews.com
2 months ago

California watchdog says Newsom budget plan sidesteps alarming' deficits ahead

California's budget relies on a $42 billion stock-market windfall and lacks material measures to address looming multibillion-dollar deficits beyond a projected $2.9 billion shortfall.
California
fromSan Jose Spotlight
2 months ago

Santa Clara County looks to consolidate independent boards - San Jose Spotlight

Santa Clara County is consolidating control over independent agencies and public land by replacing appointed boards with county-managed governance to improve oversight and long-term planning.
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