Economics ❯Public Finance

Budget Deficits

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SFMTA Trims Five Muni Routes in Push for $7.2 Million Savings

Weekend cuts combine two routes with three lines shortened at Market Street to save $7.2 million in the face of a looming $322 million shortfall

Pritzker Signs $55 Billion Fiscal 2026 Budget, Leaves Transit Funding Gap

San Diego Council Approves $6.09 Billion Fiscal 2026 Budget Despite $258 Million Deficit

San Francisco Board Weighs Lurie’s $15.9B Budget Proposal as Unions and Advocates Protest

VTA Workers Ratify Four-Year Contract with 14.5% Wage Increases

Lurie’s $15.9B Budget Slashes 1,400 Positions to Bridge $782M Deficit

Illinois Lawmakers Rush to Finalize Transit Funding Package with Toll Hike, Rideshare Tax

Illinois Lawmakers Focus on Closing $770M Gap for Chicago Transit

Barbara Lee Takes Office as Oakland’s First Black Woman Mayor, Launches 100-Day Plan

San Diego Mayor’s Final FY2026 Budget Sparks Council Debate Over Service Cuts

Illinois Lawmakers Push Toward May 31 Deadline to Avert $771M Transit Crisis

Chicago Public Schools Opens Bidding on 21 Vacant Properties

Alberta Government Defends $280K Rug Replacement Amid Criticism Over Spending Priorities

Chicago Mayor Presses Springfield Leaders for Budget Support as Deadline Looms

Mayor Bass Proposes Budget Cuts with 1,650 Layoffs to Address $1 Billion Deficit

Oakland Votes in Special Election to Choose Next Mayor and Decide on Sales Tax Increase

San Diego Mayor Todd Gloria Releases Draft Budget Addressing $258 Million Deficit

Oakland's Mayoral Election Highlights Clash Over City's Future

SEPTA Announces Major Service Cuts and Fare Hikes Amid $213M Budget Deficit

Debt Ceiling Deadline Looms as U.S. Risks Default by Mid-July