MuniLand

GovTech interviews some state and city chief information officers about their use of Twitter, Facebook, Foursquare and YouTube to change how government operates and interacts with citizens.

Good Links

NPR: 50 years of government spending, in one graph

Reuters: State income up in April, but may not be enough

Standard & Poor’s: California’s bigger fiscal-year 2013 budget gap increases pressure to adopt austerity

LA Times: Fitch on new California budget problems: Don’t panic

Reuters: State of California estimates $2.1 billion in tax revenue from Facebook IPO

Bloomberg: New Jersey April revenue collections 5.3 percent below budget goals

Bond Buyer: Chicago to market $600 million in bonds

Bond Buyer: Municipal bond fund purchases carry risk

@Twitter Talk

Geithner: we can’t run the country on the assumption countries will have confidence in the US. #fiscalsummit

— Jen DePaul (@BondBuyerJen) May 15, 2012

RT @pewstates: #Stateline: Last weekend 236,000 people in eight states lost #unemployment benefits ow.ly/aVb3A — Pew Trusts (@pewtrusts) May 15, 2012

Surprise! States w/out income tax have higher sales and property tax ow.ly/aTq2C

— OK

Policy(@OKPolicy) May 15, 2012

A bet bad on risky casinos by the pension fund for Texas’s teachers: dallasnews.com/investigations…

— Michael Cooper (@coopnytimes) May 15, 2012

…despite media focus on state/local fiscal pressures still no broader trend of cities/localities defaulting/using reserves/insurance

— Muni Market Advisors (@Muni_Mkt_Advis) May 15, 2012