The Rhode Island General Assembly announced that the Revenue & Caseload Estimating Conference will run from October 27 to November 10, 2026. State Budget Officer Joseph Codega Jr., House Fiscal Advisor Sharon Reynolds Ferland, and Senate Fiscal Advisor Stephen Whitney will lead the process to reach consensus on revenue and expense estimates. The schedule includes…
The Department of the Treasury reported that total US federal debt outstanding reached $40.44 trillion on October 20. This figure represents an increase of $327.4 billion from the previous month and a rise of $2.46 trillion compared to the same date last year. Debt held by the public accounted for $32.57 trillion, while intragovernmental holdings…
Lower Saucon Township Council is set to authorize the advertisement of its preliminary 2027 budget, which includes a 1.75-mill increase in property taxes. The new total tax rate will reach 7.49 mills, with 5.99 mills allocated to the general fund and 1.5 mills to the fire fund. Officials estimate this change will add $152.04 to…
The US Department of the Treasury reported that total outstanding federal debt reached $40.4 trillion on October 19. This figure includes both debt held by the public and intragovernmental holdings. The debt increased by $294.9 billion from September 18 and rose by $2.42 trillion compared to the previous year. Accrued interest expense for September totaled…
The Treasury Department reports that bank-account ownership and Taxpayer Identification Number checks became fully operational on September 30, 2026. These measures, tied to Executive Order 14249, screen payments before disbursement to prevent fraud and waste. Treasury states it has screened over 1.1 billion payments totaling $3.7 trillion, stopping about 13,500 payments worth $175 million intended…
The Bureau of the Fiscal Service manages the two distinct federal accounts that fund Social Security benefits. These accounts hold special issues, which are non-marketable Treasury certificates backed by the full faith and credit of the U.S. government. In 2025, the combined program generated $1,449.3 billion in income but spent $1,609.5 billion, reducing total reserves…
The Ocala city council approved a new agreement with the Ocala Metro Chamber & Economic Partnership for the 2026-2027 fiscal year. The city will pay $190,000 from the Economic Improvement Program Fund, split between services and a sponsorship. The updated contract raises performance targets for prospect visits and marketing campaigns while changing the payment schedule…
The Bureau of the Fiscal Service's Office of Information Technology awarded a one-year contract for Red Hat subscriptions and support. SDVO Solutions, LLC received the $2,412,044.40 award through the NASA SEWP vehicle. The contract was set aside for service-disabled veteran-owned small businesses, with three bidders participating in the competition. Read the full story at orangeslices.ai….
The Town of Walworth has released a preliminary 2027 budget that projects a 9.5 percent increase in the combined general and highway tax rate despite a reduction in overall spending. The plan calls for $7.72 million in expenditures, down from $8.10 million in 2026, while property tax collections would rise by approximately $234,000. The increase…
The federal government has $972 billion of borrowing capacity remaining under the statutory debt limit as of October 14, 2026. The current limit of $41.104 trillion was established by a $5 trillion increase enacted in July 2025. Analysts project the limit will bind between late winter and mid-summer 2027, creating a potential default deadline for…