Fayetteville budget proposal adds a 3-cent tax increase before May 26 hearing
Fayetteville leaders have proposed a $322.8 million FY2027 budget, including a tax-rate increase, a $10 solid-waste fee hike, and a May 26 hearing.
Finance
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Santa Clarita’s proposed $361.4 million budget moves forward
Santa Clarita’s proposed $361.4 million 2026-27 budget would fund public safety, parks, road work, transit vehicles, and capital projects if approved.
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U.S. mortgage rates jump to 6.51%, squeezing peak-season buyers
Freddie Mac says the average 30-year mortgage rate rose to 6.51%, pushing monthly costs higher just as spring homebuying reaches its busiest stretch.
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Federal Reserve opens comment period on proposed payment account for fintechs
The Fed is seeking comment on a limited payment account for eligible firms, a proposal that could reshape payments, competition, and oversight nationwide.
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Rockford advances Hard Rock hotel bond plan ahead of council vote
Rockford leaders moved a Hard Rock hotel and convention center financing plan forward, but the final council vote was still pending.
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Huntsville’s proposed $220M TIF 9 would fund VBC expansion and downtown projects
Huntsville is advancing a proposed $220 million TIF 9 district toward a May 28 vote, with a Von Braun Center expansion at the center.
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U.S. inflation climbed in April as retail sales kept rising
April inflation sped up to 3.8% while retail sales rose 0.5%, leaving households with higher costs even as consumer spending stayed resilient.
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Norton Shores tax base rises in Muskegon County equalization report
Norton Shores is listed at $1.93 billion in SEV and $916.8 million in taxable value in Muskegon County’s 2026 equalization report.
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Atlanta budget proposal heads to council hearings with housing, safety first
Atlanta GA – Mayor Andre Dickens’ proposed $994.7 million general fund budget is moving into council hearings this month, with housing, safety and infrastructure in focus.
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Aurora gas and diesel watch: Frontenac station regular edges up, diesel hits $6.499
Aurora’s watched Frontenac station lists regular at $4.959 and diesel at $6.499. Regular is up 6 cents; diesel is up 50 cents and is the bigger cost hit.
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Frisco gas watch: regular is still in the mid-$3s, diesel is holding near $5
Two Frisco 7-Eleven stations still show regular in the mid-$3s, while diesel stays near $5; AAA Texas and U.S. averages are higher.
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Dallas gas slips under $4 again as diesel eases, but both remain well above last year
Dallas regular gas is back under $4 and diesel eased too, but both fuels are still far above year-ago prices and costly for local budgets.
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Buffalo gas edges up again while diesel stays just under $5.91
Buffalo gas is still inching up, while diesel is basically flat near $5.91. AAA’s latest check shows gas above the U.S. average but below New York’s.
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Newark council approves 20-year tax break for West Ward project on Stuyvesant
Newark approved a 20-year PILOT for a four-story mixed-use project at 247-249 Stuyvesant Avenue, a West Ward tax deal with local impact.
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Creve Coeur fuel watch: St. Louis metro gas slips, diesel inches up
Creve Coeur MO Gas & Diesel Watch – AAA’s St. Louis metro check shows regular gas a bit lower than yesterday and diesel a bit higher, both still well above last month.
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Burr Ridge drivers still finding sub-$4 gas as Illinois averages stay above $5
Burr Ridge stations still show some sub-$4 regular gas, even as AAA’s Illinois and Chicago benchmarks stay above $5 and diesel remains costly.
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Draper gas stays near $4.59, diesel tops $5.47 at local pumps
Draper’s latest station checks show regular gas at $4.599 and diesel at $5.479-$5.499, while AAA says Utah prices moved higher again this week.
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Rio Rancho budget fight centers on spending, jobs and funding
Rio Rancho’s FY 2027 budget review is underway, with debate over a $75,000 economic-development contract, new jobs and a proposed pay increase.
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Chicago Public Schools starts next budget cycle with a $732.5 million gap
Chicago Public Schools has opened its 2026-27 budget process with a $732.5 million deficit, raising early staffing and program pressure at schools citywide.
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New York City’s $124.7B budget closes the gap, but details remain open
City Hall says New York City’s next budget gap is closed in a $124.7 billion plan, but Albany-backed tax and spending details still need work.
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Bellevue gas stays near $6 and diesel near $7 as AAA shows mixed moves
Bellevue WA Gas & Diesel Watch – AAA says Bellevue-area regular is $5.961 and diesel $6.999, with small daily moves but prices still above state and U.S. averages.
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Memphis budget hearings start now, with police, fire, and public works under review
Memphis budget hearings begin May 18, with police and fire up May 19, as council reviews the mayor’s FY27 proposal through June 2.