The document discusses Virginia's budget crisis and proposes raising taxes as a solution. It notes that Virginia has already cut over $15 billion from its budget since 2008 in response to the economic downturn. To close budget shortfalls, the legislature has raised some revenue but cut over $4.5 billion from programs. The document argues that raising taxes on higher-income individuals is a fairer solution than further budget cuts, as the wealthy currently pay a lower percentage of their income in taxes than middle- and low-income residents.
The document discusses the growing wage gap and declining unionization rates in the United States from 1947 to present. It outlines national and state level assaults on workers' rights through "right to work" laws and restrictions on collective bargaining. While some anti-union legislation was prevented, other measures like restrictions on teachers and public employees were passed in 2011. The document argues "right to work" laws drive down wages and benefits for all workers.
This document summarizes key points from Paul Young's presentation on government policy and household income in Canada in 2016. It includes:
- Job losses forecasted from minimum wage increases range from 50,000 to 185,000 jobs lost.
- Median household incomes grew the most in Nunavut, Saskatchewan, Newfoundland and Labrador, Northwest Territories, Alberta, and Manitoba from 2005-2015. Income growth was lowest in Quebec and Ontario.
- The presentation discusses trends in household income, low income rates, energy poverty, and taxation policies across Canada.
The document summarizes Illinois' fiscal crisis and the tax increases passed in 2011 to address a large budget deficit. It describes how Illinois has historically relied too heavily on property taxes and lacked a fair tax system. The tax increases were expected to generate $7.3 billion annually but deficits remain due to inadequate revenues and increasing costs for education, healthcare, and human services. Further reforms and revenue options are needed to structurally address Illinois' budget problems.
- Paraguay experienced over 60 years of rule by the Colorado party, which ended in 2008 with the election of Fernando Lugo as president.
- Lugo faced challenges governing without a strong party behind him and had difficulties implementing reforms due to inexperience in his cabinet and strained relationships with other political forces.
- While Lugo aimed to lead the Paraguayan people, limitations emerged in his ability to effectively lead the Paraguayan government and realize his economic and social agenda.
This is a PPT that I created for a discussion of the US Federal Budget, the Deficit, and the Debt. Many of the slides are public domain items for Heritage Foundation and Concord Coalition. It led to some very good non-partisan discussions. There is hope!
The document discusses the US fiscal cliff and tax policies. It notes that US government deficit projections depend on interest rates, economic growth, capital investment, and demographics. Currently, payroll and income taxes make up the largest sources of government revenue. The document also examines topics like income inequality, effective tax rates on the wealthy, taxes as a percentage of GDP compared to other countries, and projections of future revenues and deficits under different policy scenarios. It argues that reforming the tax code and linking taxes more closely to economic activity are needed to address budget issues.
The document discusses Virginia's budget crisis and proposes raising taxes as a solution. It notes that Virginia has already cut over $15 billion from its budget since 2008 in response to the economic downturn. To close budget shortfalls, the legislature has raised some revenue but cut over $4.5 billion from programs. The document argues that raising taxes on higher-income individuals is a fairer solution than further budget cuts, as the wealthy currently pay a lower percentage of their income in taxes than middle- and low-income residents.
The document discusses the growing wage gap and declining unionization rates in the United States from 1947 to present. It outlines national and state level assaults on workers' rights through "right to work" laws and restrictions on collective bargaining. While some anti-union legislation was prevented, other measures like restrictions on teachers and public employees were passed in 2011. The document argues "right to work" laws drive down wages and benefits for all workers.
This document summarizes key points from Paul Young's presentation on government policy and household income in Canada in 2016. It includes:
- Job losses forecasted from minimum wage increases range from 50,000 to 185,000 jobs lost.
- Median household incomes grew the most in Nunavut, Saskatchewan, Newfoundland and Labrador, Northwest Territories, Alberta, and Manitoba from 2005-2015. Income growth was lowest in Quebec and Ontario.
- The presentation discusses trends in household income, low income rates, energy poverty, and taxation policies across Canada.
The document summarizes Illinois' fiscal crisis and the tax increases passed in 2011 to address a large budget deficit. It describes how Illinois has historically relied too heavily on property taxes and lacked a fair tax system. The tax increases were expected to generate $7.3 billion annually but deficits remain due to inadequate revenues and increasing costs for education, healthcare, and human services. Further reforms and revenue options are needed to structurally address Illinois' budget problems.
- Paraguay experienced over 60 years of rule by the Colorado party, which ended in 2008 with the election of Fernando Lugo as president.
- Lugo faced challenges governing without a strong party behind him and had difficulties implementing reforms due to inexperience in his cabinet and strained relationships with other political forces.
- While Lugo aimed to lead the Paraguayan people, limitations emerged in his ability to effectively lead the Paraguayan government and realize his economic and social agenda.
This is a PPT that I created for a discussion of the US Federal Budget, the Deficit, and the Debt. Many of the slides are public domain items for Heritage Foundation and Concord Coalition. It led to some very good non-partisan discussions. There is hope!
The document discusses the US fiscal cliff and tax policies. It notes that US government deficit projections depend on interest rates, economic growth, capital investment, and demographics. Currently, payroll and income taxes make up the largest sources of government revenue. The document also examines topics like income inequality, effective tax rates on the wealthy, taxes as a percentage of GDP compared to other countries, and projections of future revenues and deficits under different policy scenarios. It argues that reforming the tax code and linking taxes more closely to economic activity are needed to address budget issues.
- Municipalities will see substantially lower revenues from various sources such as local service taxes, liquid fuels funds, and realty transfer taxes due to economic downturn and high gas prices in 2008. Earned income tax, business taxes, and interest earnings will also be lower.
- Unemployment rates have risen significantly while payrolls have declined sharply resulting in lower personal income tax revenues and increased costs to unemployment funds.
- Revenues are expected to remain flat or decline further while costs such as insurance, materials, and wages increase, resulting in budget deficits, staff cuts, borrowing, and reduced services for many municipalities.
COVID's Impact on Inflation and Income EqualityPaul H. Carr
Will inflation from the COVID recovery be permanent?
What does the Federal Reserve Predict?
Has the COVID recovery increased income equality?
Why do job openings now outnumber job seekers?
1) Michigan ranks low (29th and 48th) in measures of tax fairness, with lower-income families and businesses contributing a larger share of taxes compared to other states.
2) Since 1999, Michigan's median household income has fallen $15,633 (24%) after adjusting for inflation, and recent tax reforms have shifted the burden further onto working families and retirees.
3) The document proposes a graduated income tax to make the system more equal by cutting taxes for those earning under $165,000 and raising taxes slightly on the top 1% to fund infrastructure, education, and community services.
This document summarizes information presented at a meeting of the Grassroots St Vrain organization about Colorado's state budget challenges. It notes that Colorado's population and needs have grown significantly since 2001 while revenues have only slightly increased. This has resulted in cuts to public services like education, healthcare and public safety. The budget problem is described as structural rather than temporary as costs exceed revenues. Options discussed include reducing expenses through further cuts or generating new revenues through taxes, with voters having ultimate say over the state's fiscal future.
Wage Serfs: Principles & Politics Trumping PeoplePaul H. Carr
Presented at Thoreau Society Annual Gathering
Higher taxes in Europe result in more income equality than in the US.
Invisible hand of Adam Smith's economics versus the Tragedy of the Commons
Golden Rule of Economics: Those who have the gold make the rules.
Right-wing billionaires such as Robert Mercer are attacking the New York State Constitution to gain more power and tax breaks for themselves at the expense of working families. Mercer created the group "Reclaim New York" to push for a constitutional convention and rewrite the constitution to benefit billionaire interests by cutting taxes, privatizing schools, allowing fracking, and reducing environmental and worker protections. Voters will decide in November 2017 whether to hold a constitutional convention, and the document argues that people should vote no to block these billionaire efforts to rig the system for their own benefit.
The document discusses several policy proposals to address economic issues and promote renewable energy. It suggests fixing labor laws to allow more flexible work from home arrangements, providing portable healthcare not tied to employment, shifting to individually purchased health insurance with tax credits for families and individuals, increasing research funding for chronic diseases, and providing tax incentives for corporations to lower emissions through cap-and-trade systems for renewable energy.
This document outlines the agenda and activities of an organization called "Hedge Clippers" that is fighting against the destructive agenda of hedge fund billionaires. The organization produces reports exposing how hedge funds hurt the economy, corrupt government, and exacerbate inequality. It advocates for closing tax loopholes that benefit hedge funds, raising taxes on the wealthy, and pushing for divestment from hedge funds. Through research, protests, and state-level lobbying, Hedge Clippers aims to generate billions in new tax revenue from hedge funds that can be invested in schools, jobs, and communities.
Paul Young, a CPA and expert in various business fields, analyzed poverty in Canada. He discussed definitions of poverty, household spending patterns, policies of major political parties, poverty rates, wages, and inequality. Key points included: shelter is the largest cost for low-income Canadians; the Conservatives advocated tax cuts while the Liberals focused on family benefits; poverty rates remain high despite government efforts; and wage growth has hit 20-year lows while costs of living continue to rise. Overall the document provided an overview of poverty in Canada by examining economic indicators and assessing the impact of policies.
Fiscal monitor –Financial Performance for Canada – 3Q16 – September 2016paul young cpa, cga
This presentation looks at both economic trends as well as government taxation and spending. The presentation is design to look both economic conditions as well as the health of Federal Government when it comes to taxation and spending.
From 2010—the first full year after the official end of the Great Recession—to 2018, Vermont’s economy, as measured by gross state product, grew at less than one-third the rate of the country’s overall. Vermont’s annual growth rate, after adjusting for inflation, averaged 0.7 percent per year, compared with 2.3 percent for the U.S. That was also slower than Vermont’s own annual growth rate during the previous recovery (2002-07), which was 1.8 percent. From 2017 to 2018 Vermont’s real GSP grew by 1.2 percent.
Fund Our Future Tax The Rich Invest In Our New Yorkstrongforall
This document proposes six bills as part of the "Invest in Our NY Act" to raise $51-75 billion annually. The bills would: 1) Create a progressive income tax system; 2) Tax investment income the same as wages; 3) Create an inheritance tax; 4) Tax billionaire fortunes and amend the constitution to allow a wealth tax; 5) Create a tax on financial transactions; 6) Offset corporate tax cuts from Trump. The proposals are aimed at taxing the wealthy and large corporations to generate revenue to invest in New York's economy and support services.
The Ravenswood City School District approved a budget for the 2011-2012 fiscal year that aims to close a potential $3.2 million budget gap. The budget calls for closing a yet-to-be identified school, furloughing teachers, and increasing class sizes. District staff struggled to create the budget due to low funding levels, volatile state legislation, and the need to cut spending.
The Oak Park Town Hall discussed the state budget and recent legislative progress. The state budget funds education, human services, and cuts spending and pensions to save money. Recent laws passed automatic voter registration, protected abortion access, limited cooperation with immigration enforcement, expanded sealing of criminal records, and reformed school funding. The tax increase went to paying pensions and bills, and Illinois' tax rate remains competitive. Pension debt grew as contributions lagged for decades. Officials provided contact information to discuss issues.
Federal Transfers to Provinces and Territories| Canada| Analysis and Commentarypaul young cpa, cga
- Equalization payments have long been a contentious issue between the federal government and provinces. Quebec is expected to receive over $13 billion in equalization payments for 2018-2019, an increase of almost $1.4 billion, while some provinces like Ontario pay more in taxes than they receive back in federal spending.
- Newfoundland and Labrador's finance minister has said the province's equalization deal from the federal government should be improved, as other provinces with smaller populations receive more. Quebec had a $2.2 billion surplus in 2015-2016 while receiving $10 billion in equalization that year.
- The old equalization formula will remain in place until 2024, frustrating provinces like New Brunswick who want changes
The liberal ran on a platform saying they would make things more affordable. This presentation discuss key policy changes as part of people assessing did the Liberals make lives either more affordable or less affordable
Trudeau is now making promises about cell phone as he says high cost of living. Nowhere does Trudeau admit that his trudeaunomics has failed to do anything for the economy other than make things more expensive - https://www.slideshare.net/paulyoungcga/why-did-justin-trudeau-fail-at-keynesian-economics
The document summarizes the 2019 Federal Budget presented by the Government of Canada. Key points include:
- The global economy is slowing down and growth is moderating in Canada and the US.
- The US economy remains healthy but is expected to slow in 2019-2020. Housing starts in the US remain well below historical levels.
- The Canadian economy had weak growth in late 2018 and faces risks from a softening global economy and high household debt levels.
- The budget projects modest deficits and a stable debt-to-GDP ratio over the next few years and focuses on initiatives around housing, skills training, and infrastructure. However, it does little to address competitiveness issues.
Debt to GDP is one of the key measures that governments used to compare with other governments around the world
Federal Government only reports Federal Debt to GDP
The truth government debt has to include all levels of government (Municipal, Provincial and Federal)
This is the CCFC's Analysis of Franklin County's current budget. It has been prepared and shared with the County Commissioners with an email request that the Commissioners reduce their budget by 3%.
This document provides an overview of Colorado's fiscal education network toolkit. It discusses Colorado's structural budget challenges, including growing demand for services like education, healthcare and transportation that outpaces limited revenue growth. It outlines options like reducing services, changing the tax code, and doing nothing. The goal of the network is to engage nonprofits to have productive community conversations about fiscal issues and help voters make informed choices through discussing values and considering long-term impacts.
The document summarizes comments made by Michael Turnipseed of the Kern County Taxpayers Association during the 2011-2012 Kern County budget hearings. It addresses challenges facing the national and local economy and recommends that the county board of supervisors focus on improving outcomes in education, employment, poverty, crime, and health by prioritizing goals, developing new strategies, and encouraging collaboration between local governments. It also stresses the need for the board to advocate for policies that promote jobs and economic growth.
- Municipalities will see substantially lower revenues from various sources such as local service taxes, liquid fuels funds, and realty transfer taxes due to economic downturn and high gas prices in 2008. Earned income tax, business taxes, and interest earnings will also be lower.
- Unemployment rates have risen significantly while payrolls have declined sharply resulting in lower personal income tax revenues and increased costs to unemployment funds.
- Revenues are expected to remain flat or decline further while costs such as insurance, materials, and wages increase, resulting in budget deficits, staff cuts, borrowing, and reduced services for many municipalities.
COVID's Impact on Inflation and Income EqualityPaul H. Carr
Will inflation from the COVID recovery be permanent?
What does the Federal Reserve Predict?
Has the COVID recovery increased income equality?
Why do job openings now outnumber job seekers?
1) Michigan ranks low (29th and 48th) in measures of tax fairness, with lower-income families and businesses contributing a larger share of taxes compared to other states.
2) Since 1999, Michigan's median household income has fallen $15,633 (24%) after adjusting for inflation, and recent tax reforms have shifted the burden further onto working families and retirees.
3) The document proposes a graduated income tax to make the system more equal by cutting taxes for those earning under $165,000 and raising taxes slightly on the top 1% to fund infrastructure, education, and community services.
This document summarizes information presented at a meeting of the Grassroots St Vrain organization about Colorado's state budget challenges. It notes that Colorado's population and needs have grown significantly since 2001 while revenues have only slightly increased. This has resulted in cuts to public services like education, healthcare and public safety. The budget problem is described as structural rather than temporary as costs exceed revenues. Options discussed include reducing expenses through further cuts or generating new revenues through taxes, with voters having ultimate say over the state's fiscal future.
Wage Serfs: Principles & Politics Trumping PeoplePaul H. Carr
Presented at Thoreau Society Annual Gathering
Higher taxes in Europe result in more income equality than in the US.
Invisible hand of Adam Smith's economics versus the Tragedy of the Commons
Golden Rule of Economics: Those who have the gold make the rules.
Right-wing billionaires such as Robert Mercer are attacking the New York State Constitution to gain more power and tax breaks for themselves at the expense of working families. Mercer created the group "Reclaim New York" to push for a constitutional convention and rewrite the constitution to benefit billionaire interests by cutting taxes, privatizing schools, allowing fracking, and reducing environmental and worker protections. Voters will decide in November 2017 whether to hold a constitutional convention, and the document argues that people should vote no to block these billionaire efforts to rig the system for their own benefit.
The document discusses several policy proposals to address economic issues and promote renewable energy. It suggests fixing labor laws to allow more flexible work from home arrangements, providing portable healthcare not tied to employment, shifting to individually purchased health insurance with tax credits for families and individuals, increasing research funding for chronic diseases, and providing tax incentives for corporations to lower emissions through cap-and-trade systems for renewable energy.
This document outlines the agenda and activities of an organization called "Hedge Clippers" that is fighting against the destructive agenda of hedge fund billionaires. The organization produces reports exposing how hedge funds hurt the economy, corrupt government, and exacerbate inequality. It advocates for closing tax loopholes that benefit hedge funds, raising taxes on the wealthy, and pushing for divestment from hedge funds. Through research, protests, and state-level lobbying, Hedge Clippers aims to generate billions in new tax revenue from hedge funds that can be invested in schools, jobs, and communities.
Paul Young, a CPA and expert in various business fields, analyzed poverty in Canada. He discussed definitions of poverty, household spending patterns, policies of major political parties, poverty rates, wages, and inequality. Key points included: shelter is the largest cost for low-income Canadians; the Conservatives advocated tax cuts while the Liberals focused on family benefits; poverty rates remain high despite government efforts; and wage growth has hit 20-year lows while costs of living continue to rise. Overall the document provided an overview of poverty in Canada by examining economic indicators and assessing the impact of policies.
Fiscal monitor –Financial Performance for Canada – 3Q16 – September 2016paul young cpa, cga
This presentation looks at both economic trends as well as government taxation and spending. The presentation is design to look both economic conditions as well as the health of Federal Government when it comes to taxation and spending.
From 2010—the first full year after the official end of the Great Recession—to 2018, Vermont’s economy, as measured by gross state product, grew at less than one-third the rate of the country’s overall. Vermont’s annual growth rate, after adjusting for inflation, averaged 0.7 percent per year, compared with 2.3 percent for the U.S. That was also slower than Vermont’s own annual growth rate during the previous recovery (2002-07), which was 1.8 percent. From 2017 to 2018 Vermont’s real GSP grew by 1.2 percent.
Fund Our Future Tax The Rich Invest In Our New Yorkstrongforall
This document proposes six bills as part of the "Invest in Our NY Act" to raise $51-75 billion annually. The bills would: 1) Create a progressive income tax system; 2) Tax investment income the same as wages; 3) Create an inheritance tax; 4) Tax billionaire fortunes and amend the constitution to allow a wealth tax; 5) Create a tax on financial transactions; 6) Offset corporate tax cuts from Trump. The proposals are aimed at taxing the wealthy and large corporations to generate revenue to invest in New York's economy and support services.
The Ravenswood City School District approved a budget for the 2011-2012 fiscal year that aims to close a potential $3.2 million budget gap. The budget calls for closing a yet-to-be identified school, furloughing teachers, and increasing class sizes. District staff struggled to create the budget due to low funding levels, volatile state legislation, and the need to cut spending.
The Oak Park Town Hall discussed the state budget and recent legislative progress. The state budget funds education, human services, and cuts spending and pensions to save money. Recent laws passed automatic voter registration, protected abortion access, limited cooperation with immigration enforcement, expanded sealing of criminal records, and reformed school funding. The tax increase went to paying pensions and bills, and Illinois' tax rate remains competitive. Pension debt grew as contributions lagged for decades. Officials provided contact information to discuss issues.
Federal Transfers to Provinces and Territories| Canada| Analysis and Commentarypaul young cpa, cga
- Equalization payments have long been a contentious issue between the federal government and provinces. Quebec is expected to receive over $13 billion in equalization payments for 2018-2019, an increase of almost $1.4 billion, while some provinces like Ontario pay more in taxes than they receive back in federal spending.
- Newfoundland and Labrador's finance minister has said the province's equalization deal from the federal government should be improved, as other provinces with smaller populations receive more. Quebec had a $2.2 billion surplus in 2015-2016 while receiving $10 billion in equalization that year.
- The old equalization formula will remain in place until 2024, frustrating provinces like New Brunswick who want changes
The liberal ran on a platform saying they would make things more affordable. This presentation discuss key policy changes as part of people assessing did the Liberals make lives either more affordable or less affordable
Trudeau is now making promises about cell phone as he says high cost of living. Nowhere does Trudeau admit that his trudeaunomics has failed to do anything for the economy other than make things more expensive - https://www.slideshare.net/paulyoungcga/why-did-justin-trudeau-fail-at-keynesian-economics
The document summarizes the 2019 Federal Budget presented by the Government of Canada. Key points include:
- The global economy is slowing down and growth is moderating in Canada and the US.
- The US economy remains healthy but is expected to slow in 2019-2020. Housing starts in the US remain well below historical levels.
- The Canadian economy had weak growth in late 2018 and faces risks from a softening global economy and high household debt levels.
- The budget projects modest deficits and a stable debt-to-GDP ratio over the next few years and focuses on initiatives around housing, skills training, and infrastructure. However, it does little to address competitiveness issues.
Debt to GDP is one of the key measures that governments used to compare with other governments around the world
Federal Government only reports Federal Debt to GDP
The truth government debt has to include all levels of government (Municipal, Provincial and Federal)
This is the CCFC's Analysis of Franklin County's current budget. It has been prepared and shared with the County Commissioners with an email request that the Commissioners reduce their budget by 3%.
This document provides an overview of Colorado's fiscal education network toolkit. It discusses Colorado's structural budget challenges, including growing demand for services like education, healthcare and transportation that outpaces limited revenue growth. It outlines options like reducing services, changing the tax code, and doing nothing. The goal of the network is to engage nonprofits to have productive community conversations about fiscal issues and help voters make informed choices through discussing values and considering long-term impacts.
The document summarizes comments made by Michael Turnipseed of the Kern County Taxpayers Association during the 2011-2012 Kern County budget hearings. It addresses challenges facing the national and local economy and recommends that the county board of supervisors focus on improving outcomes in education, employment, poverty, crime, and health by prioritizing goals, developing new strategies, and encouraging collaboration between local governments. It also stresses the need for the board to advocate for policies that promote jobs and economic growth.
The document provides an overview of the preliminary budget for the North Colonie Central Schools. It identifies returns on educational investments, reviews the current financial picture at the national, state and local levels, and examines the impact of Governor Cuomo's proposed budget. It also discusses educational mandates, the tax levy cap, and the district's approach to developing the 2012-13 budget. Upcoming budget meetings are scheduled in March with a vote by the Board of Education on March 29.
Navigating Waves of Change: Driving Academic Improvement in Northern Kentucky...nkyec
The document discusses challenges facing education in Northern Kentucky, including rising rates of economically disadvantaged students and English language learners. It notes that the region's economic success depends on increasing the percentage of residents with a bachelor's degree or higher. Many students in Northern Kentucky schools perform below grade level in reading and math. The document recommends actions like focusing investments on reading and math interventions to raise academic achievement and high school completion rates.
The document is Portland's 2015 Economic Scorecard which analyzes the economic health and performance of Portland, Maine and the surrounding region. Some key points:
- Employment growth in Portland has kept pace with the national average over the past year and exceeded growth in the region and state of Maine. Certain sectors like business services and arts/entertainment saw especially strong growth.
- While the metro area GDP growth lags national benchmarks, exports from the Port of Portland and consumer retail sales have grown strongly.
- Issues of concern include relatively low wages, population growth, and housing affordability compared to benchmarks.
The Big Quiz is an annual quiz competition organized by The Straits Times and the Ministry of Education for pre-university and year 5 integrated programme students from 24 participating schools. It consists of 4 quiz rounds where teams compete for a championship trophy and $5,000 cash prize. The event is co-organized by The Straits Times and MOE and has Shell as its presenting sponsor and innovation partner. In the lead up to the competition, there are primers, talks by ST editors, and a segment for students to provide input on question topics.
The document discusses several topics related to education finance and budgets, including:
1) A lawsuit filed by 600 school districts in Texas arguing that the current school funding system violates the state constitution.
2) Reasons for shortfalls in Texas education funding, including declining property tax revenues and cuts to education funding.
3) Details of the Texas state budget for 2016-2017, including a $1.2 billion tax break for homeowners and reduced school district property taxes.
Colorado faces an unprecedented budget challenge as costs exceed available revenues. Policymakers must determine how to maintain vital public services while reducing or eliminating non-essential ones, and encourage voters to address these issues. Public attitudes show mixed messages - taxes are not a top concern but trust in government is low. While most agree services are underfunded, voters reject tax increases. Fiscal leadership requires articulating shared goals and priorities, and using resources to achieve them while considering long-term implications. It means more than one-time fixes - it requires generating new revenues, reducing future costs, and building understanding.
Investing in education, innovation and infrastructure to expand opportunitymdgov
Governor Martin O'Malley invested heavily in education, innovation, and infrastructure to strengthen Maryland's middle class. For education, he increased funding per student by 36% since 2007 despite cuts elsewhere, held down college tuition increases, and expanded pre-K. In innovation, Maryland leads the nation in STEM jobs and entrepreneurship due to targeted tax credits and workforce training programs. The transportation infrastructure plan invested $4.4 billion in roads and transit, creating over 57,000 jobs. O'Malley maintained fiscal responsibility despite the recession, with AAA credit ratings and the smallest state executive branch since 1973.
This document summarizes Maryland's proposed FY2018 budget. It allocates $43.5 billion for operating expenses, with the largest amounts going to health ($14.1B), education ($8B), and higher education ($6.4B). The $4.5B capital budget allocates most funds to state facilities, health, and education projects. The budget relies on individual income taxes, sales taxes, and federal funds as main sources of revenue. However, federal funding is at risk of being cut under the new administration. The budget process in Maryland involves agencies, the governor, and legislature. Significant threats to the budget come from potential changes to federal policy around healthcare, taxes, and funding for social programs.
This presentation covers recent state & county budget developments as well as strategies of unified advocacy groups Fairfax FLAGS, FACE, Full-day K & CPES -- all interested in preserving the world-class quality of FCPS and its many valuable programs.
In 2011, Maryland created over 26,000 new jobs, lowered the unemployment rate, and had the best performing public schools in America for the third consecutive year. Crime levels were the lowest since 1975. The state achieved pollution reduction targets for the Chesapeake Bay and maintained its AAA bond rating through fiscal responsibility and balanced budgets. Looking ahead, priorities include continuing to create jobs, improve education and public safety, and preserve the environment.
The Common Sense Policy Roundtable is a non-partisan organization that provides information to policymakers and future leaders. It researches and promotes common sense solutions to economic issues in Colorado. The document discusses Colorado's fiscal policy challenges from 2006 to 2010, including reliance on one-time funding sources, rising health care costs that crowd out other priorities, and growth in state personnel costs despite private sector job losses. It proposes reforms such as restoring fiscal restraint, reforming entitlement programs and personnel costs, enhancing revenues through tax reform, and improving government efficiency.
Pay-for-Success Initiatives for Early Childhood Programsmdanielsfirstfocus
Evidence-based early childhood programs, such as home visiting and high-quality preschool, hold enormous promise to improve the early health, education, and development of at-risk children, helping them and their parents break the cycle of intergenerational poverty. Although Congress has increased investments in early childhood programs, these services reach only a fraction of the low-income children and families who could benefit from them. Pay-for-success initiatives, in which the government pays for set outcomes rather than social services, is quickly becoming a mechanism for local and state governments to finance evidence-based early childhood services for children and families. This webinar describes the basic concepts of pay-for-success initiatives and explores the goals, components, and status of three pay-for-success projects currently in development and in operation involving preschool and home visiting programs.
The Salt Lake Chamber's 2015 Public Policy Guide outlines the business community's policy priorities for the 2015 legislative session and calendar year.
The document summarizes the negative financial impact of the governor's fiscal proposal on a small, rural school district. It shows that level state funding over the next two years, along with a one-time assessment, would require over a 10% tax increase to maintain current programs. Additional costs not covered could lead to cuts impacting students, such as larger class sizes and reduced course offerings. The district has already implemented cost-saving measures but faces difficult decisions if funding does not increase.
We are facing some very difficult budget choices and challenges for Massachusetts for Fiscal Year 2011 (July 2010 - July 2011). Governor Patrick and his administration are holding a series of hearings and forums around the state to get input and ideas from citizens where this presentation is included. To learn more about the hearings and forums, visit www.mass.gov/governor/forums
If you weren't able to make a hearing or forum or want to be prepared before you attend one, this presentation is about 9 minutes long and will give you a basic overview of the budget situation. Please review it, then visit our blog at www.mass.gov/blog/engage to comment and share your ideas.
Budgeting for Results and Paying for Success in State Government 5.6.14Greg Wass
My presentation for Big Data Week 2014 (livestreamed from Chicago on 05.06.2014) on how the State of Illinois is using data to drive governmental decisionmaking at the enterprise and individual program levels.
Similar to Colorado Budget Impact on St Vrain (20)
Turning Outward: Building Emotional AttachmentJohnCr8on
The document discusses how to rebuild emotional attachment to public schools in communities. It argues that focusing only on rational factors like measurable results and cost efficiency reinforces the view of schools as commercial enterprises. Instead, communities emotionally support organizations they feel welcome in, are proud of, and have influence over. The document outlines trends like declining young families and engaged taxpayers that erode this attachment, and proposes responding by thinking of community first, embracing reinventing schools, challenging narratives, and giving communities more responsibility and relevance.
The document discusses how libraries can better engage with their communities in the 21st century. It suggests that libraries shift from being centralized institutions that people conform to, to becoming platform institutions that help people design their own experiences. Specifically, it recommends that libraries focus on being part of the community rather than just providing services. Libraries should engage with communities through volunteer opportunities, research, education, collaboration and input on action plans. The key is providing value and benefits while also giving people a sense of control over their library experiences.
Los Desafíos Fiscales de Colorado: Su Impacto en St. VrainJohnCr8on
El documento describe los desafíos fiscales que enfrenta el estado de Colorado y su impacto en el distrito escolar de St. Vrain Valley. Los recortes presupuestarios estatales han provocado una reducción de $24 millones en fondos para el distrito en comparación con lo esperado por los votantes. El personal del distrito ha implementado varias medidas de ahorro para estirar cada dólar, pero se enfrenta a la continua presión de mantener la excelencia educativa con menos recursos.
This document summarizes the key points from a meeting about libraries and communities in the digital age. It discusses how people now want more choice and control over how they access news and want more interaction. It also examines how 20th century institutions were centralized but resources are now abundant and communications are ubiquitous. People value expertise but reject authority and want to design their own experiences. Community needs of being respectful and helping the community remain important.
This document discusses how structural changes have led to new attitudes and behaviors among the public. Costs are decreasing to near zero and people now have unprecedented access to information, customization, participation and collaboration. This has shifted people's expectations away from centralized 20th century institutions toward more individual choice and control. Institutions face tensions between preserving their existing models and adapting to these new realities. They must help communities identify meaningful public work and support people's ability to actively contribute, in order to rebuild emotional attachment and shared purpose.
Library Development Council Citizen CentricJohnCr8on
The document discusses how society is shifting from an institution-centric model to a citizen-centric one due to changes in technology and infrastructure. Three key points:
1) New technologies have increased options and independence for individuals, challenging the traditional limits and control of large institutions.
2) Emerging public attitudes now value choice, self-determination, and participation in communities of interest over limited options and experts deciding for them.
3) Existing institutions must adapt to remain relevant by focusing on solving problems people actually face and supporting individual visions, rather than operating within strict boundaries of time, place and predefined services.
MISS TEEN LUCKNOW 2024 - WINNER ASIYA 2024DK PAGEANT
In the dynamic city of Lucknow, known for its wealthy social legacy and authentic importance, a youthful star has developed, capturing the hearts of numerous with her elegance, insights, and eagerness. Asiya, as of late delegated as the champ from Lucknow for Miss Youngster India 2024 by the DK Pageant, stands as a confirmation of the monstrous ability and potential dwelling inside the youth of India. This exceptional young lady is a signal of excellence and a paragon of devotion and aspiration.
Amid the constant barrage of distractions and dwindling motivation, self-discipline emerges as the unwavering beacon that guides individuals toward triumph. This vital quality serves as the key to unlocking one’s true potential, whether the aspiration is to attain personal goals, ascend the career ladder, or refine everyday habits.
Understanding Self-Discipline
Insanony: Watch Instagram Stories Secretly - A Complete GuideTrending Blogers
Welcome to the world of social media, where Instagram reigns supreme! Today, we're going to explore a fascinating tool called Insanony that lets you watch Instagram Stories secretly. If you've ever wanted to view someone's story without them knowing, this blog is for you. We'll delve into everything you need to know about Insanony with Trending Blogers!
MISS RAIPUR 2024 - WINNER POONAM BHARTI.DK PAGEANT
Poonam Bharti, a guide of ability and diligence, has been chosen as the champ from Raipur for Mrs. India 2024, Pride of India, from the DK Show. Her journey to this prestigious title is a confirmation of her commitment, difficult work, and multifaceted gifts. At fair 23 a long time ago, Poonam has as of now made noteworthy strides in both her proficient and individual lives, encapsulating the soul of present-day Indian ladies who adjust different parts with beauty and competence. This article dives into Poonam Bharti’s foundation, achievements, and qualities that separated her as a meriting champion of this award.
8. P An Unprecedented Challenge Colorado is facing an unprecedented, long-term fiscal challenge. Even a strong recovery and sustained job growth over the next 15 years is not enough [to solve the budget problems]. (DU: Center for Colorado’s Economic Future) The costs to maintain public services exceed the revenues to pay for them. 3
14. P Waste, Fraud & Abuse? 9 “Focusing on trimming the fat fails to address Colorado’s systemic budgetary problems.” - Independence Institute, Citizens’ Budget Estimates of the magnitude of our challenge: 5 to 30 times greater.
15. P The State Has Grown Since 2001: 700,000 more Coloradans 70,000 more students in K-12 35,000 more college students 150,000 more Medicaid recipients 2,500 more prisoners Colorado Fiscal Policy Institute and U.S. Census 10
16. P State Revenues Haven’t Kept Pace Colorado Legislative Services and Fiscal Policy Institute 11
17. P Why Don’t Revenues Keep Up? Voters chose: Strict limits on homeowner property tax Strict limits on state sales and income tax revenues Voter approval of any new tax increase Legislators chose: Cut sales and income taxes in 1990s and early 2000s Other factors: Recession ~40% health care inflation over past decade Aging population with more health care needs 12
18. P Taxes are Comparatively Low Legislative Council 13
19. P Taxes are Comparatively Low Legislative Council * - Collected Locally 14
20. P Colorado Tax Rankings Combined state and local tax burden = 34th (Tax Foundation) Best states for retiree taxes = 5th (MSN Money) Business tax climate = 15th (Tax Foundation) 15
23. P What happens when… Demand for public services grows more than revenues State required to maintain a balanced budget Legislators run out of one time “tricks” 18
24. P Public services must be cut… Governor Hickenlooper letter to JBC and Office of State Planning and Budgeting 19
25. P Public services must be cut… Governor Hickenlooper letter to JBC and Office of State Planning and Budgeting 20
48. U C Denver School of Public Affairs — www.ucdenver.edu/academics/colleges/SPA30
49. P Learn More Colorado Nonprofit Association Renny Fagan: rfagan@coloradononprofits.org Andrew Lindstad: alindstad@coloradononprofits.org 303.832.5710 www.coloradononprofits.org Fiscal Education Network John Creighton: john@creighton.com; 303.682.0907 31
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51. Collect email addresses to grow the Grassroots St Vrain contact lists and strengthen our local community network.
53. Carry a petition with you to collect signatures from your family, friends, and neighbors. Get trained tonight in only 15 minutes!!
Editor's Notes
Good morning and thank you for coming. My name is Paula Peairs and I’ve been part of GSV since 2008. Most of you know what GSV is. We are (read mission.) And since our humble beginnings with the 2008 MLO/Bond Issue, we’ve stayed a group of local caring citizens who want to continue to distribute knowledge about education-related issues in Colorado. Some examples of our growth over the past 3 years include 1) LSV which is a district sponsored group that grew out of GSV and now successfully educates involved parents about the “business of education” or how a 30,000 student district is run, 2) connecting with Great Education CO which we realized was important if we were to better understand state-level issues and what drives much of the decision making required at the local level, and 3) our participation with Great Futures CO which is a coalition of groups from around the state that supports stronger education in CO.Grassroots outreach has included 1) soliciting support for the DECIDE ballot initiative, which was considered by the CO legislature last spring and would have allowed voters to decide about increases in revenue for education, and 2) more recently educating members, PTOs and the community about the impact of Prop 101, Amend 60 & Amend 61 on the ballot last fall.But at the heart of it, we are all parents, community members and stakeholders in the SVVSD who can’t believe we’re still talking about millions of dollars in state education cuts for the third year in a row. When our 2008 MLO passed, we were so excited and so optimistic that this was the time that SVVSD was going to excel – we were primed to expand programs, update technology, update facilities, and take education to new heights in SVVSD. I remember when they started mowing the grass at my kid’s elementary school, I almost cried. Despite the economic downturn, our district has risen through the ranks in size and performance. Even with two consecutive years of massive education cuts, we have maintained class sizes and rigor and added program options. But now, with a third year of massive education cuts looming – our dollars are running out. During our outreach last fall to discuss Prop 101, Amend 60 & 61 we mentioned that 2/3 of the revenue raised from the MLO had already been wiped out by the state. Next year, it’s projected that all of the revenue raised will be offset by state cuts and funding levels will be below 2007.SVVSD recently held parent meetings and semi-annual feeder meetings to promote and facilitate understanding/appreciation of what’s going on in the SVVSD. (Our local education is not as horrible as ‘Waiting for Superman’ would lead us to believe.) But at the same time, all the work done at the district and school level is performed within the state framework. It’s really important for parents and advocates of education to understand the state education environment – because it’s hard to improve or even sustain education when budgets are being cuts by 100s of millions of dollars annually. Our purpose today is to provide an overview of Colorado governance and how we, as parents/advocates for education, play a unique role in Colorado. Voters are the “directors” of state tax dollars – 50% of which go towards education funding. We know talking about state budgets, and ballot initiatives can make people uncomfortable. But the only way we can advocate for maintaining our kid’s education is to understand what drives it and how changes to education funding will affect staffing and programs. You may agree or disagree with the impact of education cuts. But understanding the mechanics within the education system is critical.John Creighton is the President of the SVVSD BOE and also does work for Colorado Non Profit Association. We are very happy to have John here today to share a presentation with us.
Moderator notes:This slide compares percentage change in funding to population and inflation over the past five years.K-12 “Should Have Been” is the amount of proposed K-12 funding compared to the amount had Amendment 23 been funded as it was in the past.The governor and legislature have reinterpreted Amendment 23 to reduce the amount of funds directed toward K-12 education.
Moderator notes:This slide compares percentage change in funding to population and inflation over the past five years.K-12 “Should Have Been” is the amount of proposed K-12 funding compared to the amount had Amendment 23 been funded as it was in the past.The governor and legislature have reinterpreted Amendment 23 to reduce the amount of funds directed toward K-12 education.
Moderator notes:This slide begins the section that focuses on the essence of Colorado’s challenge: The state is growing faster than revenues to fund public services. It is important to connect Connect Colorado’s challenge to an example people can imagine in their own life.You may want to think of a hypothetical situation more relevant to your audience. For instance, if you are speaking with service providers you might ask them to imagine that their caseload increases by 20% but their budget remains the same.
Moderator notes:This slide is intended to convey that people across the political spectrum agree that we have a long term fiscal challenge that won’t go away when the economy recovers. The disagreements are over how to solve this problem.The Independence Institute is one of the most conservative groups in the state. They issued a white paper called, Citizens’ Budget, in December 2010.The white paper makes clear that Colorado’s budget gaps are not caused by the economy or “waste, fraud, and abuse.”
Moderator notes:Colorado’s tax collections are declining more than the national average. It also shows that Colorado collects far less tax revenue as a percentage of people’s personal income even when the economy is good.
Learn…Share…GrowYou came here tonight to learn about the challenges facing our community and others across the stateTake what you have learned and share it with your family, friends and neighbors.Help us grow Grassroots St Vrain so we can continue to have a positive impact on our community.And today we are asking you to go beyond learning…sharing…and growing. We are asking you to act.Inaction is NO longer an option. The leadership on this issue has to come from grassroots efforts.Volunteers will determine whether this initiative gets on the ballot. We do not have huge institutional investors to pay for this effort.SignaturesWe need more that 85,000 valid signatures of current registered voters by July 23rd in order for this measure to be on our ballot in November. That means we need to collect 130,000-150,000 signatures across the state. That’s where you come in! Grassroots St Vrain has committed to collecting 10,000 signatures. JUNE 4this the 1st Deadline for Signature Collection – we want to be done my then so we can rest before a campaign would begin.How are we going to do this? Carry petitions with you to the multiple May gatherings to collect signatures. - sporting events, book clubs, family reunions, end of year parties and PTA meetings are all great places to collect signatures. Take it to work! Take it with you to your religious organizations, rotary /community meetings and leads groups. Forward a link to all of your friends or post it on Facebook! Let us know if you are a member of a group that one of us could make a presentation to, like this one tonight. You can sign up to man a table at a community event this summer such as a festival or Farmer’s Market. If you are a notary you could donate some time to notarizing the packets, with a specific time and place for people to drop in and turn in their signatures.Together, if we each put in a little effort, we CAN make this happen. Even if you are undecided on how you would vote on the measure, don’t you think we as the people of Colorado should have the chance to decide? This is our responsibility as Colorado voters, to decide how budgets should be funded. It’s how our Constitution is set up to let Democracy work the way the people decide.Let’s take responsibility for our own community, our own state, and keep the future bright for all of Colorado.