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The U.S. Department of Transportation will release $1.05 billion that was set aside by the Biden administration for the long-awaited Blatnik Bridge project.
Virginia and Georgia topped the list of high performers and Alaska and California received the lowest marks in the Reason Foundation's analysis.
Overall rainy-day fund capacity for U.S. states fell in fiscal year 2025 for the first time since the World Financial Crisis as more states look at tapping reserves.
Iowa lawmakers have to merge competing visions for property tax reform after multiple bills passed out of committee in the state House and Senate this month.
"You would think global instability leads to flight for quality, but you also have the inflationary pressures that come with higher oil prices. I would say the inflationary pressures have been winning, and that's why you're seeing Treasury and muni rates move higher," said Keith Richard, head of public finance at Siebert Williams Shank.