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Annual transparency report details early days of recession’s impact on Colorado economy

July 28, 2010View Comments
Annual transparency report details early days of recession’s impact on Colorado economy

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 [...]

State budgets on the mend, report says, but uncertainty clouds revenue projections

July 27, 2010View Comments
State budgets on the mend, report says, but uncertainty clouds revenue projections

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 [...]

States twist tax knobs to realize first revenue increase since 2008

July 15, 2010View Comments
States twist tax knobs to realize first revenue increase since 2008

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.

Online travel industry, local governments duke it out over occupancy taxes

July 7, 2010View Comments
Online travel industry, local governments duke it out over occupancy taxes

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 [...]

New Colo. website allows taxpayers to track where their money goes

March 12, 2010View Comments
New Colo. website allows taxpayers to track where their money goes

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.

Cities applaud jobs bill, urge more congressional action

February 25, 2010View Comments
Cities applaud jobs bill, urge more congressional action

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.

SAS and Accenture partner on predictive analytics solution for health, government and finance

February 19, 2010View Comments
SAS and Accenture partner on predictive analytics solution for health, government and finance

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 [...]

Tyler Tech lands two Arizona contracts

January 6, 2010View Comments
Tyler Tech lands two Arizona contracts

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.

NCSL: States face ‘an era of retro budgeting’

December 10, 2009View Comments
NCSL: States face ‘an era of retro budgeting’

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 [...]

Tax receipts down, but unemployment slowing in most states, studies say

November 23, 2009View Comments
Tax receipts down, but unemployment slowing in most states, studies say

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.

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