Showing posts with label State revenue. Show all posts
Showing posts with label State revenue. Show all posts

Monday, March 22, 2010

A Ruinous Meltdown

http://www.nytimes.com/2010/03/20/opinion/20herbert.html


A story that is not getting nearly enough attention is the ruinous fiscal meltdown occurring in state after state, all across the country.



Taxes are being raised. Draconian cuts in services are being made. Public employees are being fired. The tissue-thin national economic recovery is being undermined. And in many cases, the most vulnerable populations — the sick, the elderly, the young and the poor — are getting badly hurt.

Monday, August 17, 2009

State parks targeted for oil, gas drilling

http://www.boston.com/news/nation/articles/2009/08/17/state_parks_targeted_for_oil_gas_drilling/?rss_id=Boston+Globe+--+Today%27s+paper+A+to+Z

Oh look new opportunities, but at what expense?

State parks aren’t just for hiking, camping, and other recreation anymore. Increasingly, these lands are being used for oil and gas drilling as budget-strapped states seek new sources of revenue.


As they allow more energy exploration in state parks - in some cases by reversing previous bans - lawmakers are being met with resistance from environmentalists and park officials.

Opponents of the drilling say it raises troubling questions about acceptable uses of publicly shared land - even when new technology allows rigs positioned outside park boundaries to reach petroleum pockets deep beneath the parks by drilling horizontally.

Sean Logan, director of the Ohio Department of Natural Resources, said parks get 40 percent of their money from fees related to camping, boating, beach access, and other recreational activities. If drilling affects the panoramas or the noise level, these other revenue sources could start suffering, he said.

Drilling is still barred in national parks. But the reversal of some state bans coincides with efforts to expand exploration in other previously off-limits locations: offshore in coastal states, near Aztec ruins in New Mexico, and in some urban parks.

Saturday, July 4, 2009

Tax Bill Appeals Take Rising Toll on Governments

http://www.nytimes.com/2009/07/05/business/economy/05appeals.html?_r=1&hp

The true flavor of America without the condiments to cover-up the taste

Homeowners across the country are challenging their property tax bills in droves as the value of their homes drop, threatening local governments with another big drain on their budgets.


Peggy Tombro listed her New Jersey house for less than the assessed value, but her taxes are rising.
The requests are coming in record numbers, from owners of $10 million estates and one-bedroom bungalows, from residents of the high-tax enclaves surrounding New York City, and from taxpayers in the Rust Belt and states like Arizona, Florida and California, where whole towns have been devastated by the housing bust.

“It’s worthy of a Dickens story,” said Gus Kramer, the assessor in Contra Costa County, Calif., outside San Francisco. “These people are desperate. They know their home’s gone down in value. They’ve watched their neighborhoods being boarded up. They literally stand in there and say: ‘When can I have my refund check? I need to feed my family. I need to pay my electric bill.’ ”

The tax appeals and reassessments present a new budget nightmare for governments. In a survey conducted by the National Association of Counties, 76 percent of large counties said that falling property tax revenue was significantly affecting their budgets, said Jacqueline Byers, the association’s research director.