Budgets

An expiring cap on New Jersey police and firefighter raises pressure on local government finances, according to Fitch Ratings.

The Connecticut governor cited recent changes to the state employee pension system as a parallel.

After granting an expansion franchise to Nashville, Major League Soccer has Cincinnati, Detroit and Sacramento on the hook.

Former Cobb County Chairman Tim Lee was fond of calling the decision to build a taxpayer-funded stadium for the Atlanta Braves the "biggest economic development deal in our county's history."

The Hawaii Tourism Authority has fallen short of making its full state reimbursement for the Hawai'i Convention Center for the past two years.

The Regional Transportation Authority of Northeastern Illinois and its three service boards remain starved for new state capital dollars as 2018 marks a fourth year without an infusion of state help.

Gov. John Bel Edwards said lawmakers must agree to replace $1 billion in expiring revenues by Jan. 19 or he will cut the budget.

The embattled authority’s physical needs assessment will probably exceed $25 billion, says the watchdog Citizens Budget Commission.

The first $100 million installment will enable the MBTA to proceed with a mandated project.

Jacqueline Thompson has worked for the New York City comptroller's office since 2000.

The tollway agency plans to spend $1.2 billion on capital projects next year.

Lawmakers are still trying to find a solution to Oklahoma's unbalanced budget as the 2018 regular legislative session nears.

Pittsburgh cleared another hurdle Wednesday in its quest to exit state financial oversight.

The water utility will not be sold or leased as part of New Jersey’s state takeover, officials announced.

CalPERS' plan to dial back the assumed return on its investments puts pressure on governments to make up the difference.

Gov. Rick Snyder says the state Supreme Court ruling won't impact state finances.

The changing federal landscape will trigger tax and revenue revisions and New York's growth may be insufficient to weather downturns, two reports said.

The December revenue forecast puts the state $150 million below target over the first five months of the fiscal year.

Tax revenues but are still ahead of projections for the year.

A limited tax base and heavy legacy obligations have hamstrung the city, according to the rating agency.