Budgets

The municipal market was a tale of two halves in fiscal 2022, the report says.

The proposed county budget, buoyed by rising tax revenues, a healthy fund balance and pandemic relief, stays the course on supplemental pension funding.

Mayor Lori Lightfoot's proposed budget would forgo an inflation-formula-based property tax hike and make supplemental contributions to the city's pension funds.

The Municipal Securities Rulemaking Board's intends to spend $45.5 million over the course of FY2023.

Missouri and Iowa closed out fiscal 2022 with balances that paved the way for tax cuts.

Houston has built up a $344.8 million general fund balance and reduced its unfunded pension liability to about $1.5 billion ahead of a possible economic slump.

Brad Lander says using municipal bonds could be one way to help move recent immigrants into mainstream society and provide a long-term economic boost to the city.

But governor and an analyst caution about appropriating "excess revenues" before an audit.

Detroit revised its general fund estimates upward for the current fiscal year at its latest estimating conference Monday.

The state board that oversees the city's finances heard a positive assessment of the Big Apple's fiscal picture, tempered with a wary gaze into the future.