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Apr 4, 2011
Flagstaff school district facing $7 million gap
Flagstaff schools are facing a $7 million budget gap in the district's $64 million operations budget despite a new 15 percent budget override approved by voters.
Aug 27, 2009
States draw down rainy day funds
or Maine Gov. John Baldacci (D), the convergence of bad economic times and a depleted state emergency savings account is a familiar experience. When Baldacci stepped into office in 2003, he inherited a recession-battered economy and an empty reserve account, also known as a rainy day fund. As a result, he and the Legislature faced the daunting task of closing a $1.2 billion budget hole without [...]
