jerrybrown1

January 10, 2013 

California reports budget surplus

After more than a decade of financial strife, teacher cutbacks, employees paid with IOUs and the recall of one governor, California Governor Jerry Brown unveiled the state's latest finances. The surprise for many: A budget surplus of about $851 million.

Isaac M. O'Bannon

 Tax credits for energy-efficient home improvements reinstated

January 10, 2013 

Tax credits for energy-efficient home improvements reinstated

Federal tax credits for energy-efficient home improvements are back. Reinstatement of the popular credits was a little-noticed part of the American Taxpayer Relief Act, the last-minute legislation that kept America from tumbling over the fiscal cliff at the start of the year.

 Virginia proposal complicates Maryland’s gas tax debate

January 10, 2013 

Virginia proposal complicates Maryland’s gas tax debate

The governor of Virginia has thrown a new wrinkle into a Maryland debate by calling for abolition of the commonwealth’s gas tax and increasing the sales tax to pay for roads and transit, a move that would alter the competitive balance between the two states. This week’s proposal by Gov. Bob McDonnell, a Republican, is...…

 Texas sales tax revenues climb by 9.4%

January 10, 2013 

Texas sales tax revenues climb by 9.4%

Texas saw its sales tax collections rise again in December, with revenue of $2.17 billion, an increase of 9.4 percent over the same month last year, the state comptroller's office said Wednesday.

 With rising state revenues, Texas legislature considering tax breaks

January 10, 2013 

With rising state revenues, Texas legislature considering tax breaks

An unexpected boost in state revenue has prompted the state's Republican leadership to embrace the possibility of tax relief during the just-started 83rd Legislature, but critics of the idea say the money should first be used to restore state services that underwent deep cuts two years ago.

 Final defendant sentenced in mortgage fraud scheme

January 8, 2013 

Final defendant sentenced in mortgage fraud scheme

The final defendant in a massive mortgage fraud scheme learned her fate Monday morning. Angie Cachu, 45, was sentenced by Kern County (CA) Superior Court Judge Colette M. Humphrey to a year in jail and five years’ felony probation. Her attorney, Joe Whittington, had asked if Cachu could just be sentenced to six months in...…

 Wisconsin bank auditor to admit to embezzling $100,000

January 8, 2013 

Wisconsin bank auditor to admit to embezzling $100,000

A former bank auditor has agreed to plead guilty in federal court to embezzling $100,000 and faces time in prison, according to court records. West Allis, Wisconsin, accountant Denise A. Lewandowski signed a plea agreement late last month admitting she stole from her employer, Securant Bank & Trust in Milwaukee. She is set to appear...…