The University of Chicago reduced its budget deficit from $288 million to $160 million in FY2025, putting the school ahead of ...

The Massachusetts inspector general slammed Brockton schools’ $18 million deficit, calling it a "failure of leadership" and ...

Addressing the nation’s long-term fiscal problems with any constitutional amendment to require annual balanced budgets would ...

In light of the nation’s $38 trillion national debt, U.S. House lawmakers met Wednesday to discuss ways to structure a ...

The LAO projected California will face an $18 billion deficit next year. One union hashing out a new contract in 2026 is preparing to fight.

The last time California faced a $35 billion money problem was in 2011, when then-Gov. Jerry Brown declared a "wall of debt" ...

California lawmakers and the governor will need to prepare for an $18 billion budget deficit next year, state Legislative Analyst Gabe Petek said Wednesday.

In an update to California’s fiscal 2026-2027 budget outlook Wednesday, a new report released by the state’s nonpartisan ...

The Legislative Analyst’s Office released its outlook on the 2026-27 budget, highlighting the state’s weak position and an ...

Months after closing a $1-billion budget gap, Los Angeles convened its new Budget and Finance Advisory Committee to help stabilize the city’s finances.

State revenue is several billion dollars more than expected, but that cash must pay for schools and go into reserves. The ...

The county treasurer's new report describing large hikes in Chicago residential tax bills effectively takes property tax ...