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state finance

The 400

8
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Posted on August 1, 2008 - 7:15am at Post Politics
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Dru Fuller reports that 400 is the magic number the state needs to accept its employee buyout package before layoffs commence:

Taking A Pass On Free College

7
vote
Posted on July 10, 2008 - 8:29am at Post Politics
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Colby Sledge reports that the state does not believe many state workers will take full advantage of the two-year free tuition offered in the state employee buyout package:

Remove Your Interfering Selves From The Area

10
vote
Posted on June 24, 2008 - 3:49pm at Post Politics
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From Joe White:

State officials made reporters leave an informational meeting about the “voluntary buyout plan” for state employees today in Nashville. State Finance Commissioner Dave Goetz claimed he was protecting the privacy of employees, whom the administration is trying to buyout.

Tennessee mails out buyout offers

11
vote
Posted on June 17, 2008 - 8:50pm at Vivian Wilhoite District 29
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By THEO EMERY • Staff Writer (Tennessean) • June 17, 2008

State workers will begin checking mailboxes after buyout packets went out Monday to about 12,000 employees, an effort to trim about 2,000 positions and cut $64 million from next year's budget.

Hillary Aides Floating Convention Fight: 'August, and No Earlier'

14
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Posted on June 2, 2008 - 8:15pm at Tennessee Guerilla Women
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Employees warm up to state buyouts

13
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Posted on May 20, 2008 - 7:25pm at Vivian Wilhoite District 29
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Plan includes cash, college, health care
By JENNIFER BROOKS • Staff Writer (Tennessean) • May 20, 2008

A fat cash payout, extended health benefits and free college tuition are part of the buyout deal the state plans to offer to its workers this summer as Gov. Phil Bredesen tries to balance the state's budget.

Governor announces plan to cut 2,000 jobs from state payroll

22
vote
Posted on May 7, 2008 - 1:07pm at Vivian Wilhoite District 29
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By THEO EMERY and COLBY SLEDGE • Staff Writer (Tennessean) • May 7, 2008

The state will trim its payroll by over two thousand state employees because of budget cuts, and hopes to avoid layoffs by offering buyout packages, Gov. Phil Bredesen said Wednesday.

Negative Growth Rate

17
vote
Posted on February 6, 2008 - 3:21pm at Volunteer Voters
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Revenues are down again in the State Of Tennessee:

“This is the first time in more than three decades that sales tax receipts for December dropped below the previous year, yielding a negative growth rate,” said State Finance Commissioner Dave Goetz in a statement. “It confirms what retailers have already reported, that consumer spending was disappointing in December.”

Numbers

17
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Posted on January 8, 2008 - 4:04pm at Bill Hobbs
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Good budget news from the state government today: The state won't get to blow all of last year's surplus after all, and likely won't have one to blow next year either. The Tennessean puts a little different spin on it:

State programs could need $440 million in new funds in the next budget year, but the state may see just $300 million to $350 million in tax growth.

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