Budgets

Diminished Washington aid and a pending downturn require prudence, the city's comptroller said.

“We’re getting our ass kicked," the Gov. Dannel Malloy said, pitching a widening of the state's most congested highway.

"We have to find new solutions," said Partnership for New York president Kathryn Wylde.

Officials say the law's ban on advance refundings may cost the city $425 million in savings over four years and that changes in state law are needed to offset the damage from the limit on the state and local tax deduction.

Growing revenue challenges coupled with a “very weak” economy led S&P Global Ratings to drop the city two-notches to BB-plus.

Comptroller Scott Stringer said the budget cushion in Mayor Bill de Blasio’s preliminary fiscal 2019 budget is inadequate to ward off any problems as New York's economic expansion slows.

Detroit wants to use $55 million in surplus cash to retire debt issued in 2014 as part of the city’s exit from Chapter 9 bankruptcy.

The Detroit Board of Education won't sell small piece of land for the new jail.

Mayor Bill de Blasio’s $88.7 billion preliminary budget faces tougher scrutiny with Corey Johnson as City Council speaker.

The federal government ran a $49.2 billion surplus in January, the Treasury Department reported Monday.

The commonwealth, in the face of a lawsuit and against a backdrop of budget stride, intends to proceed with its $1.4 billion sale.

Gross city product rose only 1.2% in the fourth quarter. according to the city's comptroller.

Still dusting themselves off from last year’s budget chaos, Gov. Dannel Malloy and Connecticut lawmakers reconvene to grasp a glaring transportation fund crisis.

Syracuse, N.Y., Mayor Ben Walsh is grappling with an escalating budget deficit.

Pennsylvania Gov. Tom Wolf released a 'plain vanilla' $32.9 billion executive budget in a state where the politics is anything but.

Ball State University would control the financially distressed Muncie school district through an appointed seven-member board.

The county is issuing bonds to partially fund a $46 million judgment owed to two men who were wrongly convicted of murder.

The bill would let governments invest funds in mutual, closed-end and exchange-traded funds, and high-quality corporate bonds.

A provision in the New York governor's budget plan would enable the Metropolitan Transportation Authority to create tax increment financing districts in New York City.

The federal tax overhaul and belt-tightening at the state level cast a pall of uncertainty over the $88.67 billion preliminary fiscal 2019 budget plan.