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    Entries in Arizona (2)

    Friday
    Aug242018

    The Week in Public Finance: After Teacher Strikes, Voters Will Get a Say on Education Funding

    Support for raising teacher pay is near historic highs, but is it enough for voters -- some in red states -- to approve tax increases?
    BY  AUGUST 24, 2018

    Teachers protested outside the Colorado state Capitol in Denver this spring. (AP/David Zalubowski)

    For a summary of November's most important ballot measures, click here.

    After wide-scale teacher walkouts and strikes in six states this spring, support for teacher raises is nearing an all-time high. That could be a determining factor this fall in three states where voters will be asked to approve changes to boost school funding.

    Arizona, Colorado and Oklahoma all have ballot measures on education funding and saw teacher walkouts this year. According to a new poll by the journal Education Next, nearly two out of every three respondents in those states, and others with teacher strikes, favor raising teacher pay -- a 16-point jump since last year. Nationally, about half of respondents support increasing teacher pay, the second-highest it has been in the survey's 12-year history.

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    Friday
    Feb192016

    The Week in Public Finance: Atlantic City’s Intervention, New Pay-for-Success Projects and Arizona's Pension Reform

    A roundup of money (and other) news governments can use.
    BY  FEBRUARY 19, 2016

    Intervention in Atlantic City

    Top New Jersey lawmakers have finally announced details of their plan to take over Atlantic City’s finances.The proposal was unveiled this week in a state Senate bill that gives more power to state financial overseers.

    Atlantic City’s tax revenues have dropped dramatically in recent years as multiple casino closures have dried up the city’s main industry and revenue source.

    "The intervention plan will enable the state and the city to work together to accomplish what Atlantic City can't do on its own," said Senate President Stephen Sweeney, a co-sponsor of the bill. "The city's fiscal crisis is severe and immediate. ... The state has to take a more direct role."

    The bill would expand the role of the state's Local Finance Board chief so that they could not only renegotiate the struggling city's debt but also dissolve or consolidate city agencies and departments, share services with Atlantic County and sell city assets.

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