Ongoing budget impasse puts state-related universities in funding jeopardy

Ongoing budget impasse puts state-related universities in funding jeopardy

With Gov. Tom Wolf set to manage the state’s finances given the protracted revenue-related budget impasse currently facing the Commonwealth, state-related universities have yet to get approval of their funding—a combined $650 million—and they are now sounding off about the impact not having that funding might have on their operations.

Thursday, October 5, 2017/Author: Jason Gottesman
Categories: News and Views
As latest revenue deal breaks down, Gov. Wolf steps in to manage state finances

As latest revenue deal breaks down, Gov. Wolf steps in to manage state finances

As the latest attempts by the state General Assembly to reach agreement on budget-balancing revenue broke down Wednesday, Gov. Tom Wolf announced he is stepping in to balance the Commonwealth’s books.

Wednesday, October 4, 2017/Author: Jason Gottesman
Categories: News and Views
House set to consider revenue bill led by hotel, fireworks taxes

House set to consider revenue bill led by hotel, fireworks taxes

The Pennsylvania House of Representatives Tuesday took the step of putting into place for a final vote in that chamber a linchpin revenue bill that has been seen as the largest log in the jam of the state’s most recent budget impasse.

Tuesday, October 3, 2017/Author: Jason Gottesman
Categories: News and Views
As revenue “deal” lingers incomplete, lawmakers work toward consensus on final plan

As revenue “deal” lingers incomplete, lawmakers work toward consensus on final plan

Amid widespread speculation of an agreed-to revenue framework to conclude the FY 2017-2018 budget, lawmakers returned to Harrisburg Monday to work toward getting final, yet elusive, agreement on a consensus plan that would fund the $2.2 billion deficit attached to the current fiscal year’s budget.

Monday, October 2, 2017/Author: Jason Gottesman
Categories: News and Views
Revenue negotiations progress as lawmakers are set to miss Wolf’s October 1 deadline

Revenue negotiations progress as lawmakers are set to miss Wolf’s October 1 deadline

With the House and Senate not planning to return to session until Monday, legislators made it clear that the October 1 deadline put out by Gov. Tom Wolf last Tuesday is going to be missed.

 

However, that is not going to stop progress seemed to be made later in the week toward reaching a compromise on a plan to balance Pennsylvania’s $31.99 billion budget and close out the existing deficit from the prior fiscal year.

Thursday, September 28, 2017/Author: Jason Gottesman
Categories: News and Views
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