Tag Archive | "rainy day fund"

Oregon Legislature to Cut 1,700 State Jobs

Wednesday, May 20, 2009

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Oregon Legislature to Cut 1,700 State Jobs

The Oregon State Senate’s Ways & Means Committee has proposed cutting $2 billion from the state’s 2009-11 budget, cutting 1,700 jobs with the state government. The state is trying to deal with a $4.2 billion budget shortfall, some of which will be defrayed with federal stimulus funds and with the state’s “rainy day” fund. The Senate Committee [...]

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San Francisco to Use ‘Rainy Day’ Fund to Keep Teachers

Wednesday, March 11, 2009

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San Francisco to Use ‘Rainy Day’ Fund to Keep Teachers

San Francisco school officials say millions of dollars from the city’s “rainy day” fund will save the jobs of about 300 teachers. After the San Francisco Unified School District sent layoff notices to 362 teachers this week, Mayor Gavin Newsom said the district will get 25% of the $92 million fund. The Board of Supervisors has to [...]

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