New York's political leaders were on track to extend the court order to apply to all schools in the state and to fulfill the monetary obligation, but it was derailed after the 2008 recession and
resulting state budget crisis.
Not exact matches
Hein, who has dubbed the situation the «Cahill
crisis» because
State Assemblyman Kevin Cahill (D, Kingston) blocked the approval before lawmakers went home this summer, said as a
result of the potential loss of $ 5 million at the end of the year, he is preparing for all financial contingencies as he works up the county's 2014
budget.
«The way out of the
budget crisis is to prepare the
state for a bright economic future by supporting the educational programs that are in - demand and are getting
results.»
In 2009, following
state budget issues as a
result of the financial
crisis, the charter funding formula was frozen.
Over the past five years, the teaching profession in California has been devastated by layoffs; some 26,000 teachers lost their jobs as a
result of the
state's
budget crisis.
Connecticut's current fiscal
crisis is the
result of years of short - term
budget thinking and a failure to address our
state's economic challenges.
Public pension
crisis:
States across the country face structural
budget deficits as a
result of too - generous pension promises made to their employees.