Texas A&M-SA provost steps down following reports on budget deficit, enrollment concerns
Provost and Vice President for Academic Affairs Mike O’Brien has stepped down from his post “effective immediately,” according to an email University President Cynthia Teniente-Matson sent to faculty and staff Thursday. The provost’s comments about a $4 million budget shortfall at a Nov. 22 faculty town hall were central to KSAT and other media outlets’ recent reporting.
Faculty fret $4M budget deficit, while Texas A&M-SA says financial position is ‘strong’
In the face of a reported $4 million hole in the current year’s budget, the administration at Texas A&M University-San Antonio claims all is well. Faculty, though, have been left wondering about the university’s financial health and are skeptical of its budgeting practices.
San Antonio City Council adopts $3.1 billion budget
The City Council on Thursday adopted a $3.1 billion budget for the 2022 fiscal year that restores many cuts made over the past two years, focuses on critical community needs, responds to crises differently and makes investments to become a more resilient city.
Gov. Greg Abbott says Texas will build a border wall, but doesn’t yet give details on cost or location
The governor suggested more details would be released next week. The announcement Thursday of several initiatives is the latest in an ongoing conflict between Abbott, a Republican, and Democratic President Joe Biden's administration.
Fed Chair says federal budget needs "return to a sustainable path," but "the time is not now."
When asked if continued spending on infrastructure and COVID-19 relief could set off inflation, Jerome Powell said he doesn't "see that now" and the economy needs to fully recover before spending levels "return to a sustainable path."cbsnews.com
Some tips to make your plans for home improvements less scary
When assessing what changes to make to your home this year, some improvements will be your choice. But some improvements are necessary, like repairing big problems you uncover in your new house. To plan for improvements around your home, it helps to have a system to guide your strategy. “I recommend walking around your house, just like you’re getting ready to buy it, because that’s when you’re going to be most critical. Write down everything you see and don’t worry about budget just yet,” Angie’s List Co-Founder, Angie Hicks said.
Chicago Mayor Lori Lightfoot’s budget includes recurring property tax increase, 3-cent gas tax hike and layoffs for city workers, as she seeks to close $1.2B deficit
“The lessons I take from that history are many. Importantly, as Chicagoans, throughout our history we have been tested and we have repeatedly risen to meet and exceed every challenge,” Lightfoot said to a handful of staffers in an otherwise empty City Council chambers. “But what I also know, as a woman of color, is that this time, in 2020, as we rebuild, we must continue to bring others along with us on the journey toward the next chapter in our shared destiny. We cannot afford to leave anyone behind.”chicagotribune.com
Proposed city budget tweaks add money for housing, health, and small businesses, but avoid large changes to SAPD
SAN ANTONIO – On the eve of the city council’s vote on the FY 2021 budget, proposed amendments to the $2.9 billion document would make small adjustments to areas like housing, health, and small businesses programs. City staff presented $4 million worth of proposed amendments to the city’s operating budget and $2.4 million worth of additional capital spending on Wednesday, following dozens of council member requests. City staff proposed these $4 million worth of amendments to the city budget. City staff are recommending $2.4 million in additional capital funding in the FY 2021 budget. (City of San Antonio)The city council is scheduled to vote on the FY 2021 budget on Thursday, Sep. 17.
Proposed SAPD budget increase a slap in the face for police reform activists
City of San Antonio staff presented a $2.9 billion budget proposal to city council members on Thursday. I cant help but feel as though this proposed budget is a slap in the face, Celeste Brown told council members during the public comment portion of the meeting. I am strongly urging city council to push back. The majority voiced opposition to a budget increase for police, urging instead for city leaders to divert the money to areas like health care, housing, and education. Walsh told reporters he wanted to provide council members with "a deliberate approach that benefits everyone."
Trial budget shows struggles ahead for San Antonio
San Antonio Employee paychecks, street maintenance, and arts funding could all see cuts as the City of San Antonio tries to find ways to shrink its next budget to meet low revenues due to the COVID-19 pandemic. City staff presented city council members with a trial budget Thursday that attempts to deal with an expected $109 million shortfall in the general fund over fiscal 2021 and 2022. Forecasts from consultants and city staff showed various revenue sources could take years to return to pre-pandemic levels, meaning cuts are needed. If the economy recovers more quickly than expected, city staff say the council has the flexibility to reverse the cuts. As a result, the trial budget showed arts and culture funding dropping from $11.5 million in the original fiscal 2020 budget to $7.7 million in fiscal 2021.