Nearly united NYC Council votes 46 to 3 to approve FY 2025 budget https://lnkd.in/er3pkMVN
City & State’s Post
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Use of the line-time veto is a good start, but not a substitute for a comprehensive review of budget priorities. https://lnkd.in/gEXg-Uax https://archive.ph/JkrSk
Is the line-item veto ready for a comeback in San Diego?
sandiegouniontribune.com
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For those willing to dive a little deeper into the legislative process, and the use and abuse of omnibus bills, I encourage you to listen to my exceptional colleague Senator Scott Tannas’ speech on this all-important issue (video below). This June, we were dealing with 1,209 pages of consequential legislation in two omnibus budget bills — the Fall Economic Statement (FES) 2023 and Budget 2024 implementation acts. Within these two bills was some egregiously non-budgetary, non-financial and non-economic legislation, as has been the case in many prior years. Last June, we were focused on the extremely troubling inclusion of a change to the Canada Elections Act …in a Budget Bill! It’s purpose was to try to prevent the ongoing efforts (since 2015) of the Office of the Information and Privacy Commissioner for British Columbia to force our federal political parties to introduce some form of privacy and cybersecurity protections on their use of the personal data of Canadian voters in BC. All three major national parties, the NDP, Conservatives and Liberals, united to challenge the BC Commissioner in that Province’s Supreme Court. I spoke against this item being included in Budget Bill 2023 (https://bit.ly/4bvG7J7). In May of this year, the BC Supreme Court supported the BC Privacy Commissioner’s position (https://lnkd.in/e9-3QyTv), and proved that many of my Senate colleagues and I were completely justified in efforts to push back on this egregiously non-budgetary item the Government quietly slid onto the very last page of a Budget Bill. (See my earlier post: https://lnkd.in/efJYpcga) I spoke about this issue at the beginning of my Budget Bill speech this year, and addressed the irony of my giving support to consequential legislative reforms being included in Bill C-59 and C-69 this year. Am I correct to be comforted by the fact that they were mentioned in the FES and/or Budget speeches, are very much financial and economic in nature, well studied and also long overdue? We’ll see. Importantly, thanks to Senator Tannas’ leadership, our National Finance Committee is studying how we can begin to constructively push back on the convenient inclusion of the “kitchen sink” in future Budget Bills. A growing number of us believe that this is crucial if we are to fulfil our responsibilities. As I say, this may be a bit esoteric for some folks, but have no doubt… it is consequential in our lives.
Senator Tannas Speaks on Bill C-69 and Budget Implementation Bills
https://www.youtube.com/
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As the last Budget before a general election, the Chancellor's Spring Budget was as much of a political statement as it was a financial one. Predictions included everything from 99% mortgages to lifting the cap on Lifetime ISAs. However, the focus instead was placed on tax cuts for workers and investment in cities across the UK to build new homes for young people. Housing will remain a key voting concern in the run up to a highly anticipated election. Building Relations can help get your views in front of and forge relationships with a wide range of industry leaders and influencers. We are proud to extend our services to incorporate Public Affairs and Political Strategy in our portfolio with the help of Ramsay Jones CBE, our new Public Affairs, Communications and Political Strategist. To find out what the Spring Statement means for the housing industry, read Ramsay's full analysis here: https://lnkd.in/dsEFD4Ac #pr #pragency #publicaffairs #services #springbudget #budget #propertypr
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📢 Check out this insightful analysis of the upcoming 2024 Federal Budget by our Executive Director, Angus Crowther. He sheds light on the concept of "Decisions taken but not yet announced" (DTBNYA) and its implications for government spending and accountability. "It’s fairly apparent elections require spending to be won. They need good policies too, but ideas require funding to bring them to life." Read more about the potential impact of DTBNYA and the need for greater engagement with community groups and NGOs in the budget process. #FederalBudget #GovernmentSpending #DTBNYA #AusPol The Mandarin
2024 Budget: ‘Decisions taken but not yet announced’?
https://www.themandarin.com.au
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Operational budget cuts are never an easy thing to explain to the public. When the Isle of Man Government needed to save £25m in 5 years, they used our platform Dialogue to facilitate open, considered discussion around how best to do this. https://lnkd.in/eeP4WzA2 Thousands of people took part, equipping the Isle of Man Government with a wealth of input, thousands of ideas and constructive insight to take forward and create more informed, participatory policies. Speak to Delib today about creating your own public and private conversations online. https://lnkd.in/e3j-4fJR #participatorypolicy #publicconsultation #budgetcuts
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BUDGET WILL LOOM FOLLOWING GENERAL ELECTION RESULT Once the votes are all counted and we know who the winners and losers are in this year’s General Election on 4 July, minds will start turning to the implementation of the policies promised by the incoming party. Whether the next Government is Labour, Conservative, a Coalition or an even more unexpected winner, such as the Lib Dems or Reform UK emerges, there will be a raft of pledges to be put into effect. That means another Budget. Sometimes following a General Election, we have seen an ‘Emergency Budget’. In 2010 when the Conservatives and Lib Dems formed a Coalition Government, the first Budget came in June – just a month after the election was held. But in 2020, the first Budget came around three months after the Tories had secured victory with a significant majority. When should we expect the next major fiscal event this time around? There’s a good chance there will be a gap of a few months following the 4 July before the Budget is held. That is a likelihood because of the ramifications of the infamous ‘Mini Budget’ from Liz Truss in 2022 that sent shockwaves through the economy and ultimately led to her severely shortened time as Prime Minister. On that occasion, the Chancellor did not wait for the Office for Budget Responsibility’s (OBR’s) assessment of the economic impact of policy announcements – and that was later highlighted as a reason for the fall out. So, assuming the next Government holds off for the OBR, that will mean around a 10-week wait, giving it the necessary time to produce its report. So, we could be look at around 10 – 17 September. We may have an answer by the time of our next newsletter, and so we’ll await further developments. #GeneralElection #Budget #EmergencyBudget #Labour #Conservative #LibDems #ReformUK
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In its Q3 finances report for 2023, Finance Minister Peter Bethlenfalvy projected a surplus of $200 million for the next fiscal year. On March 26, a month later, Minister Bethlenfalvy tabled Budget 2024 with a $9.8 billion deficit and over $200 billion in spending. Following months of consultations, this government made targeted investments to address cost pressures in health and long-term care, municipal infrastructure, and the cost of living for average Ontarians. While communities will receive much needed relief in the short term, Ontarians will have to wait until 2026-2027 to see a balanced budget - right in time for the next election. Find a summary of our analysis below, and read our full #ONBudget2024 analysis here: https://lnkd.in/gGmchCPx
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Birmingham City Council has issued a Section 114 notice – essentially notifying the government that it will not be able to balance its budget for this financial year. Stuart Hoddinott says Birmingham should be a warning for the government to take action on systematic failures in local government finance – or other councils could follow suit https://lnkd.in/eMxNYbBF #birmingham #birminghamcitycouncil #localgovernment #localcouncils #localauthorities #publicspending #ukeconomy
Birmingham’s budget woes should be a warning to government – or other councils could follow suit | Institute for Government
instituteforgovernment.org.uk
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Budget Sometimes following a General Election, we have seen an ‘Emergency Budget’. In 2010 when the Conservatives and Lib Dems formed a Coalition Government, the first Budget came in June – just a month after the election was held. But in 2020, the first Budget came around three months after the Tories had secured victory with a significant majority. When should we expect the next major fiscal event this time around? There’s a good chance there will be a gap of a few months following the 4 July before the Budget is held. That is a likelihood because of the ramifications of the infamous ‘Mini Budget’ from Liz Truss in 2022 that sent shockwaves through the economy and ultimately led to her severely shortened reign as Prime Minister. On that occasion, the Chancellor did not wait for the Office for Budget Responsibility’s (OBR’s) assessment of the economic impact of policy announcements – and that was later highlighted as a reason for the fall out. So, assuming the next Government holds off for the OBR, that will mean around a 10-week wait, giving it the necessary time to produce its report. So, we could be look at around 10 – 17 September. #BudgetForecast #FiscalEvent #EmergencyBudget #EconomicImpact #OBRAssessment #GovernmentPolicy #FiscalReport #ChancellorAnnouncement #EconomicOutlook #FiscalPolicy
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Parliaments across Australia are back in full swing. Carrying over from 2023 are the Federal and NSW Budget Estimates, with additional hearings taking place over the next two weeks. Not sure what Budget Estimates are all about? Read on for the 101. #auspol #nswpol #governmentrelations
Budget Estimates: 101
advoc8.co
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