tax revenue

(Newser) - The same agencies that stand to benefit as commuters turn to public transit to escape high gas prices are finding themselves hamstrung by rising fuel costs, the Wall Street Journal reports. Ridership is up by as much as 35% for some bus lines, but the cost of diesel has doubled...

(Newser) - Officials on Long Island have initiated a study on the economic feasibility of its secession from New York state, Newsday reports. While acknowledging the difficulties of establishing a 51st state, Suffolk County Comptroller Joseph Sawicki said the proposal is really about examining what Long Island contributes to greater New York,...

(Newser) - Rising interest rates, falling tax revenues, and construction costs that have skyrocketed are causing local and state governments to rethink projects as diverse as building new schools, repairing bridges, and roads, even constructing new levees in the Everglades, reports the New York Times. Experts say fast-growing global economies are also...