Gartner Inc. predicts a notable increase in worldwide IT spending, projected to grow 9.8% to $5.61 trillion in 2025, ahead of the 7.7% increase anticipated for 2024. This significant surge, however, is largely driven by rising prices for existing products and services rather than an expansion in IT
The Kuomintang (KMT) party in Taiwan has recently proposed sweeping budget cuts that have sparked significant controversy and backlash among various stakeholders. These cuts are set to impact a wide range of governmental ministries and institutions, raising serious concerns about the motivations
Brockville's city council is grappling with a significant challenge as they consider over 100 proposed capital projects for the 2025 budget. These projects, essential for maintaining and enhancing the city's infrastructure and services, could nearly double the city's tax levy increase. The council
Evanston/Skokie School District 65 is grappling with a formidable financial challenge, facing a projected $16.7 million deficit for the 2026 fiscal year, an obstacle that has sparked intense discussions among officials and community members. The looming deficit demands a range of strategic budget
Governor Wes Moore has unveiled a budget proposal that aims to reform Maryland's tax system while addressing a significant budget deficit. This plan, which Moore posits as a remedy for an inequitable tax system, proposes cuts for the majority of taxpayers but implements tax hikes for the state’s
Gov. Gavin Newsom has unveiled California's budget for the fiscal year 2025-2026, proposing a total of $322 billion. This budget reflects a strategic approach to addressing the state's pressing issues, with a particular focus on wildfire relief, disaster preparedness, education, and tax
