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States Face Hard Choices as Budgets Expected to Tighten

COLORADO, JUN 30 – Colorado lawmakers used $197 million in federal funds and one-time transfers to address a $170 million budget gap while capping tuition increases at 3% for residents, officials said.

  • The Virginia General Assembly approved record increases in education funding and adopted revised budgets on June 1 with differing House and Senate pay raise proposals.
  • This followed earlier capped state funding for school support roles since 2010 and recent proposals to address dilapidated school buildings, generating debate over state versus local responsibilities.
  • The House budget suggests allocating $292 million in tax revenue alongside $250 million drawn from the Literary Fund to support a $2 billion loan-rebate initiative for school construction, while the Senate proposes $272 million to reinstate funding for school support roles.
  • Senator Howell said Senate leaders are eager to collaborate, Majority Leader Saslaw called the funding boost a step toward removing the cap, and House Appropriations Chair Knight called it the largest education budget ever.
  • These budget decisions signal increased state support for education and infrastructure but maintain disagreements on funding scale and priorities, requiring further negotiation to resolve differences.
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24 Articles

Center

Difficult decisions await Mark Carney to stabilize federal finances.

·Montreal, Canada
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Cherokee Tribune Ledger NewsCherokee Tribune Ledger News
+13 Reposted by 13 other sources
Center

States face hard choices as budgets expected to tighten

Slow revenue growth continues to pinch state budgets across the country, leading governors to propose spending cuts, hiring freezes and some tax increases. In its spring survey of states, the National Association of State Budget Officers found that general fund…

·Cherokee County, United States
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Stateline broke the news in Chapel Hill, United States on Monday, June 30, 2025.
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