Budgets

A federal judge ruled Cook County, Illinois, is liable for contitutional violations of homeowners' rights by stripping them of equity in delinquent tax sales.

The mayor's plan to balance the fiscal 2027 budget relies heavily on proposed revenue-raising moves involving the combined utility system enterprise fund.

Months after the state cracked down on cities' tardy annual financial audits, adherence to a statutory filing deadline is improving with fiscal 2025 reports.

A New Jersey suburb will issue short-term debt as its officials try to recover $4.8 million stolen after a cyberattacker accessed a school district email.

Debt requests are escalating as the Lone Star State accommodates a growing population and addresses aging infrastructure.

The New Orleans Revenue Estimating Conference approved the new forecast Wednesday.

The city council amended an ordinance dealing with police interaction with federal immigration enforcement to prevent a $114 million funding loss.

Wisconsin and Ohio lawmakers are showing signs of diverging on data centers as grassroots opposition grows in both states.

The $14.6 billion budget calls for hiring police and Olympic-focused infrastructure spending after last year's spending plan proposed layoffs.

Austin and Dallas joined Houston in being warned that millions of dollars in state grants are at risk over federal immigration enforcement interaction policies.

New Jersey Transit plans to announce a special FIFA ticket on Friday that could cost more than $100 for riders going to MetLife Stadium for World Cup games.

The city faces the loss of $110 million in Texas public safety grants while a $174 million deficit is projected for its current general fund budget.

Moody's Ratings cited a substantial fall in unrestricted liquidity for the two-notch downgrade. Moody's also placed the rating on review for another downgrade.

KBRA revised the outlook on the Chicago Transit Authority's Series 2015 and 2016 Transportation Infrastructure Finance and Innovation Act loans to stable.

The city is in danger of defaulting on bonds in the next fiscal year, according to Local Government Commission officials who say they will intervene if needed.

As public sentiment shifts around Illinois data centers, a new report warns local governments against lopsided contract terms with developers.

Three negative outlooks and choppy market conditions weren't ideal conditions for a massive $2.6 billion bond issuance, which was trimmed to $2.3 billion.

A lawsuit filed this week seeking to end Austin's transportation user fee comes as the Texas city is launching its fiscal 2027 budget process.

Three rating agencies now have negative outlooks on New York City. 

Nebraska Gov. Jim Pillen called on state lawmakers to act after the state's 2025-27 biennium budget bill fell short of a cloture vote on Thursday.