Colorado State Treasurer Cary Kennedy released the fourth annual State Taxpayer Accountability Report (STAR), which provides information on the state’s revenues and expenditures during the previous fiscal year. In the FY 2008 – 2009 STAR report, data spanning the first months of the Great Recession is analyzed, allowing government officials and citizens to understand how [...]
A report released today by the National Conference of State Legislatures (NCSL) says the days of rapid revenue declines is nearing an end for most states, a little under two years since the fall of Lehman Brothers and the beginning of the Great Recession. NCSL joins a host of state and local government fiscal observers [...]
And they’re off! State and local tax revenues are off to positive start for the first time since Q3 2008. The first quarter of 2010 saw state collections growing on a year-over-year basis, but according to the Rockefeller Institute of Government, there is little cause for celebration.
A storm has been brewing between state and local tax officials and the online travel industry for the last several years over hotel occupancy taxes. From New York to San Francisco, Washington to Georgia, states and cities have taken companies like Orbitz, Travelocity and Expedia to court for what has been characterized as stealing, tax [...]
The Colorado Department of Treasury unveiled a new feature this week designed to help Coloradans understand how their state tax dollars are spent on an individual or household level. State Treasurer Cary Kennedy told CivSource that the interactive website is intended to show taxpayers a clear line from their paycheck to their communities.
The Senate passed a piece of legislation yesterday meant to spur job creation, receiving an extra vote of confidence from the National League of cities, providing this latest bill was a stepping stone towards more help for America’s cities and towns.
According to a release Wednesday, Accenture and SAS announced a plan to jointly develop and implement a series of industry-specific predictive analytic applications, beginning with the financial services, healthcare and public service sector. Industry observers and the companies’ officials said the decision was made due to extraordinary demand and a rapid adoption of analytic techniques [...]
Yuma and Coconino counties in Arizona have purchased property tax assessment and appraisal solutions from Tyler Technologies, the company announced today. The $1.2 million deal will help the counties improve tax appraisal management and allow better access to records and documents, officials said.
For most state governments, January 1 will not signal the beginning of a new year, full of promise and a chance to start from a clean slate. January 1 for many states is the middle of their fiscal year, and according to the National Conference of State Legislators, thirty-six states are already facing $28.2 billion [...]
A study out Monday find that tax collections are down by double digits across forty-four states in the third quarter, forecasting continued strain on state and local budgets well into next year. However, state unemployment rates are showing slight signs of decline, another study finds.