Budgets

Moody's cited the city's reliance on nonrecurring revenues.

Royal Oak Township had been under the agreement since 2014.

Cook County commissioners urged not to use one-shots to balance 2018 budget.

The state faces a budget deficit, lower-than-expected tax revenues and federal funding cuts.

Tax rates on marijuana could equal 45% of the price, according to Fitch Ratings.

The governor's action ends a five-month impasse over the biennial spending plan, though work remains at the state capitol.

This marks the 37^th straight year the city is in the black, said the city's comptroller.

Despite relief for Hartford in the recently approved state budget, city leaders will continue to negotiate with bondholders and employee unions.

The collective funded ratio of all Illinois public pension funds is 47.9%, according a state report.

The Pennsylvania governor could borrow against tobacco revenues or against profits from the state-run liquor system.

Wall Street profits were up 33% from the year-earlier period, according to New York's state comptroller.

The $145 million initiative is intended to fortify the Rockaway Peninsula.

County lawmakers' proposal to remove $60 million in fee increases might run afoul of a New York State fiscal monitoring board.

Joe Torsella cited the legislature's approval of a revenue package to balance the fiscal 2018 budget.

State-related and other schools are taking a good, hard look at their business models.

Legislative leaders say the move will plug a $2.2 billion budget shortage and end a nearly five-month budget impasse.

The Illinois Senate will attempt to override a veto of the Debt Transparency Act next month.

The House and Senate actions place the ball in the court of Gov. Dannel Malloy, who was sidelined during the negotiations.

Oklahoma Gov. Mary Fallin's plan to cover a $215 million revenue gap in the current budget failed in the state House .

Illinois will use the proceeds to pay down some of its $16 billion unpaid bill backlog.